Seadrill boosts backlog with fresh work for three rigs

Offshore rig owner Seadrill has been awarded a new contract and a pair of extensions for three of its rigs.

The 2013-built drillship West Vela was awarded a one-year contract by Talos in the US Gulf, with a start in June 2027 and adding approximately $161m to the company’s contract backlog, excluding additional services.

The rig is currently under a $26m contract with Talos set to be completed during August. The company will then begin work with LLOG from September 2026 until June 2027. The latest contract with Talos will then run from June 2027 and end in June 2028.

The 2008-built drillship West Capella secured a contract extension from PTTEP in Malaysia. The additional term is for an estimated 75 days and adds approximately $26m to the company’s contract backlog, committing the rig into August 2027.

The initial contract with PTTEP started in March 2026. Its value at signing was around $157m, including mobilisation and excluding additional services, with a 440-day duration.

The final rig to win any sort of deal is the 2013-built circular hull semisub Sevan Louisiana. Walter Oil & Gas added approximately 45 days in direct continuation of its prior program, committing the rig in the US Gulf into August 2026. The rig is currently working for Guardian and LLOG.

According to the company’s financial report, Seadrill’s contract backlog was approximately $2.9bn as of August 10.

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