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Home » Seadrill secures $480M drillship extension with Petrobras (SDRL:NYSE)
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Seadrill secures $480M drillship extension with Petrobras (SDRL:NYSE)

Business Circle TeamBy Business Circle TeamApril 6, 2026No Comments1 Min Read
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Seadrill secures 0M drillship extension with Petrobras (SDRL:NYSE)
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Seadrill secures 0M drillship extension with Petrobras (SDRL:NYSE)

nielubieklonu/iStock by way of Getty Photographs

Seadrill (SDRL) mentioned Monday it was awarded a 1,095-day contract extension for its West Polaris ultra-deepwater drillship with Petrobras (PBR) for work on the Buzios discipline offshore Brazil.

Seadrill (SDRL) mentioned the rig will earn $409,200/day from April 2026 by way of March 2027, rising to $454,700/day from April 2027 till mid-January 2028.

“This award enhances Seadrill’s earnings visibility for a mature asset into the subsequent decade,” the corporate’s President and CEO Samir Ali mentioned.



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