By Sabela OjeaSeaDrill said Petroleo Brasileiro has awarded long-term contracts to West Auriga and the West Polaris drill ships. Offshore-drilling-contractor SeaDrill on Friday said that the contracts, expected to commence in the fourth quarter of 2024, are valued at about $1.1 billionThe West Auriga and the West Polaris will transition to Seadrill from the existing third-party managers before undertaking the campaigns with Petrobras, SeaDrill added. Write to Sabela Ojea at sabela.ojea@wsj.com(END) Dow Jones Newswires12-22-23 1156ET

Source: Wall Street Journal December 23, 2023 05:03 UTC