Seadrill reveals West Polaris contract extension with Petrobras in the Santos Basin

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 6.Apr.2026, Words: 143) —The ultra-deepwater drillship, West Polaris, was awarded a 1,095-day contract extension with PETROBRAS for the Búzios field in the Santos Basin, offshore Brazil.

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The additional term adds approximately $480mn in contract backlog and is expected to commence in direct continuation of the current program in Jan. 2028, according to Seadrill Limited.