Seadrill has secured a contract with Petrobras for work in the Búzios field offshore Brazil for the West Jupiter rig.
The contract is for a firm term of 1040 days with commencement expected in December 2022. The total contract value is approximately US$264 million (inclusive of mobilisation revenue and additional services).
Seadrill’s CEO, Stuart Jackson, commented, “Petrobras is a long-standing and valued customer of Seadrill and signing a third contract with them this quarter is testament to our strong partnership and commitment to the Brazilian market. Seadrill is focused on growing our fleet in strategic basins where we see high growth potential, such as Brazil, where we are now the largest international drilling contractor.”