West Neptune

[Administrator]

Seadrill has successfully secured two significant contract awards in the U.S. Gulf of Mexico, further enhancing its robust offshore drilling portfolio. These contracts, valued at approximately $260 million, underscore Seadrill's continued leadership in ultra-deepwater drilling solutions.

The award includes a 365-day contract extension for the West Neptune, one of Seadrill's most advanced ultra-deepwater drillships. Operations are set to commence in September 2026. In addition, Seadrill's West Vela drillship has been granted a 270-day program, with an expected start in August 2026.

Both drillships will support LLOG Exploration, a key subsidiary of Harbour Energy, in ongoing offshore projects in the U.S. Gulf. Seadrill's relationship with LLOG spans over a decade, marked by a history of outstanding operational performance and mutual success.

Seadrill's CEO Samir Ali commented on the new awards: "We are thrilled to continue our successful partnership with LLOG. The strong operational performance delivered by the West Neptune and West Vela teams has been instrumental in securing follow-up work, further solidifying our position in the ultra-deepwater drilling market."