Seadrill Secures $114 Million Contract Extension with Equinor in Brazil
ByAinvest
Friday, Jan 30, 2026 6:03 am ET1min read
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Seadrill Limited has announced that Equinor Brasil Energia Ltda has exercised a one-year priced option for the ultra-deepwater drillship West Saturn. The contract extension adds $114 million to contract backlog and extends the original contract through October 2027. The continuation of the contract reinforces Seadrill's long-term collaboration with Equinor in Brazil.
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