Seadrill has secured two contracts with Petrobras for the West Carina and West Tellus drillships for work on the Búzios field offshore Brazil. Both contracts have been signed on a three-year fixed-term basis, with expected commencement in September 2022. Total contract value for the two contracts is approximately $549 million (inclusive of mobilization revenue and additional services).
“We are delighted to continue our long association with Petrobras with the award of two 3-year firm contracts for the West Carina and West Tellus on the Búzios field. Brazil is a strategically important market for the offshore sector and I am pleased that Seadrill will continue to play an increasingly significant role in the coming years,” said Stuart Jackson, CEO of Seadrill.