NYSE:SDRLEnergy Services
Seadrill (SDRL) Is Up 7.5% After $114M West Saturn Contract Extension What’s Changed
In January 2026, Seadrill Limited announced that Equinor Brasil Energia exercised a one-year priced option for the ultra-deepwater drillship West Saturn, adding US$114,000,000 to Seadrill’s contract backlog and extending the 2022-originated contract through October 2027.
This extension highlights continued demand for high-spec offshore drilling capacity and gives Seadrill greater visibility on future rig utilization and contracted revenue.
We’ll now look at how the added US$114,000,000...