Seadrill's Sonadrill JV Secures Two Major Contracts in Angola

Reuters

Aug 25

Seadrill's Sonadrill JV Secures Two Major Contracts in Angola

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SDRL","symbol_name":"SeaDrill Ltd","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250825:nNDL5HWywH:1","article_id":"2562243005","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562243005","pubTimestamp":1756119624,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"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 Explorao & Produo, 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  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. publi","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SDRL":"SeaDrill Ltd","BK4092":"石油与天然气钻井"},"translate_title":"Seadrill的Sonadrill合资企业在安哥拉获得两份主要合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SDRL":0.9},"content_text":"Seadrill's Sonadrill JV Secures Two Major Contracts in Angola\n    \n\n        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. 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