SDRL - Seadrill Limited Announces Contract Award for the West Tellus
Hamilton, Bermuda, November 4, 2019 - Seadrill Limited (“Seadrill”) has secured a two year contract with Petroleo Brasileiro S.A. (“Petrobras”) for the West Tellus in Brazil. Total contract value is expected to be approximately $170 million, inclusive of managed pressure drilling and ancillary services, with commencement expected in 4Q 2019, in direct continuation of its current contract with Petrobras. FORWARD LOOKING STATEMENTS This news release includes forward looking statements. Such statements are generally not historical in nature, and specifically include statements about