In another sign of the uptick in the offshore drilling sector, Brazil’s Petrobras has awarded Seadrill Limited a pair of 1,064-day fixed-term contracts for its drillships West Auriga and West Polaris.
Awarded in a competitive bidding process, the contracts are expected to commence in the fourth quarter of 2024 and represent a total contract value of approximately $1.1 billion, inclusive of additional services and mobilization fees. The Petrobras orders give a significant boost to Seadrill’s...
https://www.marinelog.com/offshore/seadrill-books-petrobras-contracts-worth-1-1-billion/