Seadrill Lands New 4-Year Contract for Teknik Berkat

Seadrill has been awarded a four-year contract by Petronas Carigali Sdn Bhd in Malaysia with immediate commencement for the self-erecting tender rig Teknik Berkat, in which Seadrill has a 49% ownership interest.

The estimated contract value is approximately US$182 million. The agreement includes early termination and immediate release of Teknik Berkat from the current contract with CarigaliHess.

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