Seadrill (SDRL) is in advanced discussions about a new five-year contract for its West Polaris...

|About: Seadrill Limited (SDRL)|By:, SA News Editor

Seadrill (SDRL) is in advanced discussions about a new five-year contract for its West Polaris drillship. The new contract will start in direct continuation of the existing assignment scheduled to be completed in October. The potential contract revenue for the five-year period is ~$1.16B. SDRL -2.5% premarket.