Seadrill announces three year contract extensions for jackups AOD I and AOD II

Seadrill has received three-year contract extensions from Saudi Aramco for the jackups AOD I and AOD II expiring in June 2019 and July 2019, respectively. The extensions are in direct continuation of the current contracts and will add approximately $225 million in contract backlog.

These units have been working for Saudi Aramco since 2013 and Seadrill is pleased to continue its long-term relationship with Saudi Aramco.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.