Seadrill Announces West Neptune Extension
Source: www.gulfoilandgas.com 3/7/2023, Location: North America
Seadrill Limited ("Seadrill" or the “Company") (NYSE & OSE: SDRL) announces that the West Neptune has executed approximately six months of term extensions with LLOG Exploration Offshore, L.L.C (“LLOG”) in the US Gulf of Mexico. The extensions will commence in direct continuation of the existing term, and will keep the rig busy until Q3 2024, furthering Seadrill and LLOG’s long-term association. Total contract value for the extension is approximately $79 million.