Seadrill Limited has secured a one year contract with LLOG Exploration Offshore, L.L.C., for the West Neptune operating in the US Gulf of Mexico. Total contract value is expected to be approximately $74 million with commencement in December 2019, in direct continuation of the existing contract with LLOG.

About Seadrill

Seadrill is a leading offshore deepwater drilling company, aiming to be our customers' most important partner in making oil and gas available in a safe and cost-effective manner.

The company operates a versatile fleet of 69 units that comprises drillships, jack-up rigs, semi-submersible rigs and tender rigs for operations in shallow to ultra-deepwater areas in harsh and benign environments.

About LLOG

LLOG Exploration Company, L.L.C. was founded in 1977 and is one of the largest privately-owned exploration and production companies in the United States. The Company owns and operates a diverse set of production, development, and explorationproperties in the Deepwater Gulf of Mexico. LLOG is headquartered in Covington, Louisiana with a second office in Houston, Texas.