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.

Photo: Seadrill

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

The contract between Seadrill and the subsidiary under state-owned Equinor has an estimated value of approximately USD 380 million.

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