Seadrill secures new contracts in Malaysia, Norway, and Brazil, boosting its forward workload. In Malaysia, the West Capella drillship lands a $157 million contract starting in Q2 2026. In Norway, the West Elara rig secures a $78 million accommodation contract with Equinor. The West Carina drillship’s contract in Brazil extended through April 2026. CEO Simon Johnson highlights strong customer relationships and growing demand for offshore assets. Offshore drilling markets tighten globally due to increased investment and energy security concerns.

Read more at Yahoo Finance: Seadrill Locks In Multi-Region Rig Work as Offshore Demand Tightens