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Seadrill Announces Contract Awards and Extensions in Indonesia, Malaysia, Angola, and the U.S. Gulf

$SDRLPress releaseOct 12, 2026, 4:15 PM ETRead the release

Seadrill won a West Carina contract in Indonesia worth approximately $420 million for the firm term, with 880 days firm plus priced options for another 880 days, commencing in the first half of 2027. In Malaysia, the West Capella had all remaining priced options exercised, adding about $41 million and 120 days, with unpriced options adding roughly $53 million more, keeping the rig working through February 2028. In Angola, the 50:50 Sonadrill joint venture extended the Sonangol Libongos about three years through January 2030, and the Sevan Louisiana won a 25-day U.S. Gulf job with Kosmos starting November 2026.

Key figures

Deal Value Usd
420000000
West carina firm days
880
West carina option days
880
Fleet contracted days pct
over 85%
Sevan louisiana contract days
25
West capella priced extension days
120
West capella priced extension value
$41 million
West capella unpriced extension days
120
West capella unpriced extension value
$53 million

AI analysis

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    SDRL: Seadrill Announces Contract Awards and Extensions in Indonesia, Malaysia, Angola, and the U.S. Gulf — AI Analysis | Signal8