“This is one of the most important assignments ever awarded to Seadrill and will increase our contract backlog to more than US$12 billion,” said Kjell E Jacobsen, Seadrill CEO.
Separately, ExxonMobil has exercised the option to extend the contract for Seadrill’s West Aquarius from three years to four years. Estimated contract value for the full four-year period is approximately US$750 million. In addition, ExxonMobil has awarded Seadrill one additional year to the existing three-year term for West Polaris.
The West Polaris and West Aquarius are both under construction in South Korea.