en.Wedoany.com Reported - Bermuda-based offshore drilling contractor Seadrill Limited announced on April 22, 2026, that it has been awarded two contracts in the U.S. Gulf of Mexico by LLOG Exploration Company LLC, locking in approximately $260 million in additional backlog for its ultra-deepwater drillships West Neptune and West Vela. LLOG is a subsidiary of Harbour Energy.

The West Neptune received a 365-day contract extension, scheduled to commence operations in September 2026. The West Vela was awarded a 270-day drilling project contract, expected to begin in August 2026.

Samir Ali, President and CEO of Seadrill, stated: "We are pleased to extend our working relationship with LLOG, built on over a decade of productive collaboration and mutual success. The strong operational performance delivered by the West Vela and West Neptune teams continues to help us secure follow-on work." Ali added that the added backlog enhances revenue visibility, supports free cash flow generation, and helps the company navigate near-term weakness in the U.S. Gulf of Mexico market. With global floating drillship utilization expected to rise by 2027, both drillships are well positioned in terms of availability.

Seadrill Limited is an offshore drilling contractor focused on deepwater oil and gas drilling, with a fleet centered on floating units for offshore operations.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com