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Assessing Seadrill (SDRL) Valuation After West Saturn Contract Extension Boosts Backlog
Seadrill (SDRL) is back in focus after Equinor Brasil Energia Ltda exercised a one year priced option on the ultra deepwater drillship West Saturn, adding US$114 million to Seadrill's contract backlog.
See our latest analysis for Seadrill.
The latest Equinor contract option comes on the back of a strong run in Seadrill's share price, with a 20.92% 1 month share price return, 41.87% 3 month share price return and 22.06% year to date share price return, alongside a 36.99% 1 year total...