Seadrill Limited entered into Amendment No. 2 to its Senior Secured Revolving Credit Agreement on June 16, 2026, increasing revolving borrowing commitments from $225 million to $300 million and extending the maturity date from 2028 to 2031. The amendment, which is expected to be effective June 30, 2026, also modifies commitment fees and restrictive covenants to enhance operational and financial flexibility. Seadrill Limited is an offshore drilling company providing deepwater drilling services to the energy industry.
