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Seadrill Announces West Polaris Contract Extension in Brazil
Seadrill’s ultra-deepwater drillship, West Polaris, has secured a 1,095-day contract extension with Petrobras for operations in Brazil’s Búzios field. This extension adds approximately $480 million to Seadrill’s contract backlog and is set to begin in January 2028. The current dayrate has also been updated for 2026 and 2027.