Seadrill Announces $260 Million in US Gulf Drilling Contracts From LLOG Exploration
Idag, 12:32
Idag, 12:32
06:32 AM EDT, 04/22/2026 (MT Newswires) -- Seadrill (SDRL) said Wednesday that it secured two offshore drilling contracts from LLOG Exploration, a subsidiary of Harbour Energy, adding about $260 million to its backlog.
The company's ultra-deepwater drillship West Neptune received a 365-day contract extension starting in September 2026, while the West Vela drillship was awarded a 270-day contract expected to begin in August 2026, Seadrill said.
Both contracts relate to operations in the Gulf of Mexico, where Seadrill said the additional backlog improves revenue visibility amid softer near-term market conditions in the region.
Idag, 12:32
06:32 AM EDT, 04/22/2026 (MT Newswires) -- Seadrill (SDRL) said Wednesday that it secured two offshore drilling contracts from LLOG Exploration, a subsidiary of Harbour Energy, adding about $260 million to its backlog.
The company's ultra-deepwater drillship West Neptune received a 365-day contract extension starting in September 2026, while the West Vela drillship was awarded a 270-day contract expected to begin in August 2026, Seadrill said.
Both contracts relate to operations in the Gulf of Mexico, where Seadrill said the additional backlog improves revenue visibility amid softer near-term market conditions in the region.
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