Amendments of Contract with Petrobras add $150 million to backlog
Foresea announces that it has amended some of existing contracts with Petrobras covering part of its owned fleet operating in Brazil. These amendments add approximately US$150 million to the Company’s backlog, primarily driven by contract extension and commercial negotiations
New Contract for ODN I adds $465 million of Backlog
Foresea announces that it has been awarded a new contract with Petrobras to operate the ultra-deepwater drillship ODN I for a 1,443-day period offshore Brazil, adding approximately $465 million of backlog.
In 2025, Foresea delivered one of the most remarkable years in its history, strengthening its leadership position in the offshore drilling industry. Throughout the year, the Company executed safe and efficient operations, enhanced portfolio profitability, expanded backlog visibility, and accelerated value creation for shareholders — all underpinned by strict financial discipline.
Foresea Holding S.A. informs its investors and the market in general that the Board of Directors approved an extraordinary interim distribution of $5.00 per share issued by the Company, on its Class A, B and C shares, equivalent to $150,331,365.00 as of today.
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