HAMILTON, Bermuda–(BUSINESS WIRE)–Seadrill Limited (“Seadrill” or the “Company”) (NYSE: SDRL) today announced the ultra-deepwater drillship, West Polaris, was awarded a 1,095-day contract extension with Petrobras for the Búzios field in the Santos Basin, offshore Brazil. The additional term adds approximately $480 million in contract backlog and is expected to commence in direct continuation of the current program in January 2028. Additionally, the current contracted dayrate has been updated