West Saturn

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escveritas
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West Saturn

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Seadrill has secured a four year firm contract with four one year options, for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil.

Total value for the firm portion of the contract is expected to be approximately $380 million (inclusive of mobilization, upgrades, and integrated services revenue) with a performance bonus providing meaningful incremental opportunity. The total contract value is contingent on the final investment decision by the partnership for Bacalhau. Commencement is expected in 1Q 2022.

The West Saturn is one of the rig with MPD system onboard. The company operates 43 rigs, which includes drillships, jack-ups and semi-submersibles.
escveritas
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Re: West Saturn

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