Seadrill limited (sdrl) announces potential sale of qatar jack-up fleet

Hamilton, bermuda , june 26, 2023 /prnewswire/ -- seadrill limited ("seadrill" or the "company") (nyse: sdrl) (ose: sdrl) today announces that it is in active discussions to sell (i) the jack-up rigs known as the west castor, west telesto and west tucana (the "qatar jack-up fleet"), which are bareboat chartered by seadrill to gulfdrill llc ("gulfdrill"), a 50:50 joint venture between seadrill and gulf drilling international, and (ii) seadrill's 50% equity interest in gulfdrill. seadrill has not reached agreement yet on material terms, including price, with any potential purchaser.
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