
Seadrill now operates six drillships in Brazil. (Source: Shutterstock)
Seadrill Ltd. announced Dec. 17 new contracts with Petrobras for two of its drillships offshore Brazil.
The West Jupiter drillship’s contract will run for three years and contribute approximately $493 million to Seadrill’s order backlog, the company said. The program is expected to start in first-quarter 2026.
The West Tellus drillship was also awarded a three-year contract for the Sépia and Atapu fields in the Santos Basin. The contract will contribute approximately $498 million to its order backlog.
The West Tellus program is also scheduled to start in first-quarter 2026.
Seadrill now operates six drillships in Brazil.
Recommended Reading
Expand Energy Joins EQT in Triple-Investment-Grade Credit-Rating Club
2025-04-16 - The trifecta of endorsements assures Expand Energy, the largest gas producer in the U.S., a seat alongside EQT Corp. at the LNG and AI data center gas-supply negotiating tables.
The New Minerals Frontier Expands Beyond Oil, Gas
2025-04-09 - How to navigate the minerals sector in the era of competition, alternative investments and the AI-powered boom.
BlackRock CEO: US Headed for More Inflation in Short Term
2025-03-11 - AI is likely to cause a period of deflation, Larry Fink, founder and CEO of the investment giant BlackRock, said at CERAWeek.
More Players, More Dry Powder—So Where are the Deals?
2025-03-24 - Bankers are back and ready to invest in the oil and gas space, but assets for sale remain few and far between, lenders say.
EQT Buys Private Marcellus E&P Olympus Energy for $1.8B
2025-04-23 - EQT’s acquisition from Blackstone-backed Olympus adds 90,000 net Marcellus and Utica acres and 500 MMcf/d of production.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.