Seadrill Secures Global Drilling Contracts Through 2030

Seadrill Limited secured several new offshore drilling contracts and extensions across Indonesia, Malaysia, Angola, and the U.S. Gulf, extending its rig activity through 2030. The company reports that more than 85% of its available drillship days for 2027 are now contracted.

The most significant award is a $420 million contract for the West Carina drillship in Indonesia. The contract has a firm duration of 880 days, with operations scheduled to begin in the first half of 2027. In Malaysia, the West Capella received extensions totaling approximately $94 million, which will keep the rig operational through February 2028.

Further expansions include the Sonangol Libongos contract in Angola, extended through January 2030 via Sonadrill Holding Ltd., a joint venture between Seadrill and a Sonangol E.P. affiliate. In the U.S. Gulf, the Sevan Louisiana was awarded a 25-day contract with Kosmos starting in November 2026.