The offshore drilling company had signed a millionaire contract with the state-owned oil company to operate in the Búzios field. Now, Seadrill has announced that the drillship West Jupiter has already started activities with Petrobras in Brazilian waters.

Aiming to further expand its business portfolio in the Brazilian offshore market, the company Seadrill announced this Wednesday (08/02), the beginning of another contract in the country. The company announced that its West Jupiter drillship has started drilling operations for Petrobras in the Búzios field. The contract between the companies was signed for a value of US$ 264 million, with high expectations for the state-owned oil company.

Seadrill signed an offshore drilling contract with the oil company Petrobras for the charter of the drillship West Jupiter in the amount of US$ 264 million

The offshore drilling company Seadrill has been expanding its business portfolio in the Brazilian market over the last few years.

At the end of 2021, it signed an important contract with the state-owned oil company Petrobras for the charter of one of its drillships for drilling operations in the Campo de Búzios region.

The agreement was signed in the amount of US$ 264 million, an important amount for the oil company's business portfolio.

“Petrobras is a longtime and valued customer of Seadrill, and signing a third contract with them this quarter is proof of our strong partnership and commitment to the Brazilian market,” said Stuart Jackson, CEO of Seadrill, at the time of signing the agreement. contract.

This was the third offshore drilling contract signed between the companies at the time, as Petrobras had already entered into charter agreements for the drillships West Carina and West Tellus.

Furthermore, the contract for the West Jupiter drillship has a firm term of 1.040 days and the start date was expected to be December 2022.

Following a contract signed at the end of 2021, Seadrill announces the start of operations of the West Jupiter offshore drillship in the Búzios field

More than a year after signing an agreement with Petrobras for the charter of its drillship, Seadrill announced the start of operations on the West Jupiter in Campo de Búzios.

“Together, the contracts for West Jupiter, West Carina and West Saturn solidify Seadrill as the region's largest international drilling contractor and is dedicated to serving the Brazilian market for years to come,” said the offshore drilling company.

She announced the start of operations through a publication on her Twitter social network, calling attention to activities with the state-owned oil company in Campo de Búzios.

Built in 2014, West Jupiter is a sixth-generation ultra-deepwater offshore drillship built by Samsung Heavy Industries.

It has an incredible ability to operate in depths of up to 12.000 feet and its maximum drilling depth is 37.500 feet.

Now, he is off to offshore drilling activities with Petrobras in the Campo de Búzios region.

This is yet another important agreement initiated between Seadrill and companies in the oil and gas market, as the company entered into an agreement in December 2022 to acquire Aquadrill, formerly known as Seadrill Partners, in an equity transaction valued at US$ 958 million.

The start of offshore drilling operations on the West Jupiter drillship marks yet another step taken by Petrobras and Seadrill to heat up the Brazilian market in 2023.