Seadrill New Finance Limited (the “Issuer”) – Pemex Exploración y Producción (“Pemex”) payment
Hamilton, Bermuda, October11, 2021 – Seadrill Limited ("Seadrill" or "the Company") (OSE:SDRL, OTCPK:SDRLF) and the Issuer announce that at the end of September 2021, certain subsidiaries of SeaMex Ltd. (in provisional liquidation), a 50/50 joint venture entered into by one of the Issuer’s subsidiaries, Seadrill JU Newco Bermuda Ltd., received payments amounting to approximately US$31.4m from Pemex, the key customer of the SeaMex Ltd. group, in respect of historic unpaid invoices. This announcement relates to SeaMex Ltd. and has no relation to Seadrill Limited’s plan of reorganisation (