Seadrill Limited announced that it has been awarded three contracts by a leading operator for the West Ariel, West Cressida, and West Leda for work in the Middle East.
The firm-term of each contract is three years with expected commencement between Q1 2023 and Q2 2023. Total contract value for the three contracts is approximately $404m (inclusive of mobilization revenue).
Upon commencement of the three contracts, Seadrill will operate seven units directly and have a further three units on bareboat charter in the Middle East. Seadrill has a long successful track record in the Middle East, providing safe and efficient operations since 2013.
Source: Seadrill
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