Seadrill's Sonadrill JV Secures Two Major Contracts in Angola

Reuters
2025.08.25 11:00
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Seadrill Limited's joint venture with Sonangol E.P., Sonadrill Holding Ltd, has secured two major contracts in Angola. The West Gemini will undertake a project for Sonangol Exploração & Produção, S.A. lasting approximately 284 days starting in late 2025 or early 2026. Additionally, the Sonangol Libongos has a 525-day contract with Azule Energy Angola B.V., commencing in the third quarter of 2025. These contracts are expected to enhance the joint venture's long-term success in the region.

Seadrill Limited has announced that its joint venture with Sonangol E.P., Sonadrill Holding Ltd, has secured two significant contracts in Angola. The West Gemini has been awarded a contract by Sonangol Exploração & Produção, S.A. for a project expected to last approximately 284 days, beginning in late 2025 or early 2026. Additionally, the Sonangol Libongos has received a contract from Azule Energy Angola B.V., with a firm term of 525 days and options for extension. This drilling program is set to start in the third quarter of 2025, following the conclusion of its current contract. These agreements are poised to strengthen the joint venture’s long-term success in the region. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seadrill Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250825031601) on August 25, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)