Fossil Energy – Drilling
Petrobras has awarded contracts to Seadrill’s two ultra-deepwater drillships – West Jupiter and West Tellus – for work offshore Brazil.
West Jupiter has been hired under a 1,095-day contract, following a competitive tender process. The contract will contribute approximately $493 million to Seadrill’s order backlog, including additional services and excluding a mobilization fee of $31.5 million.
The drilling program in Brazil is expected to start in the first quarter of 2026.
Seadrill has also secured a 1,095-day contract for its West Tellus drillship, which will be deployed for work at the Sépia and Atapu fields in the Santos Basin.
The program is expected to start in the first quarter of 2026 and includes an optional period of up to 305 additional days.