Seadrill secures drilling contract with Equinor in Brazil

Rig company Seadrill, currently under bankruptcy protection, secures a four-year drilling contract with oil company Equinor in Brazil. The contract has a value of USD 380 million.

BY IDHA TOFT VALEUR, SHIPPINGWATCH

Seadrill's drilling vessel West Saturn will be used by Equinor Brasil Energia Ltda at the Bacalhau oil field, Brazil, for four years, the former writes in a statement.

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Seadrill enters settlement with subsidiary after dispute
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Seadrill plans to shave off debt in restructuring
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Drilling industry sees first signs of desired consolidation
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