Seadrill Limited (SDRL) - Third Quarter 2022 Results – Issue of related documents

30 Nov 2022 19:49 CET

Hamilton, Bermuda, 30 November 2022 – Further to the release of Seadrill
Limited’s (“Seadrill” or the “Company”) (NYSE & OSE: SDRL) Third Quarter 2022
Results earlier today, this announcement is made to provide the attached
long-form quarterly earnings press release and Interim Financial Statements on
Form 6-K to Oslo Børs. The content of the documents has not been altered in any
way since the initial publication of our results earlier today.


About Seadrill
Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
around the globe. Seadrill’s high-quality, technologically-advanced fleet spans
all asset classes allowing its experienced crews to conduct operations from
shallow to ultra-deep-water environments.


FORWARD-LOOKING STATEMENTS

This news release includes forward-looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business and the markets in which it operates.

These statements are made based upon management's current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Important factors that could cause actual results to differ materially
from those in the forward-looking statements include, but are not limited to,
offshore drilling market conditions, including supply and demand, dayrates,
fluctuations in the price of oil, international financial market conditions,
changes in governmental regulations that affect the Company or the operations of
the Company’s fleet, the review of competition authorities and other factors
listed in our public filings. The Company undertakes no obligation to update any
forward-looking statements to reflect events or circumstances after the date on
which such statement is made or to reflect the occurrence of unanticipated
events. New factors emerge from time to time, and it is not possible for the
Company to predict all of these factors. Further, the Company cannot assess the
impact of each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward-looking statement.

Consequently, no forward-looking statement can be guaranteed. When considering
these forward-looking statements, you should also keep in mind the risks
described from time to time in the Company’s filings with the SEC, including its
Annual Report on Form 20-F for the year ended December 31, 2021, filed with the
SEC on April 29, 2022 (File No. 001-39327).

This information is subject to the disclosure requirements pursuant to article
19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section
5-12 of the Norwegian Securities Trading Act.

Seadrill Contact Information
David Warwick
Director of Investor Relations
David.Warwick@Seadrill.com

More information:
Access the news on Oslo Bors NewsWeb site

577112_Seadrill Earnings Press Release 3Q22.pdf
577112_Seadrill Interim Financial Statements on Form 6-K 3Q22.pdf
577112_Seadrill Interim Financial Statements on Form 6-K 3Q22.xhtml
577112_Seadrill Earnings Press Release 3Q22.xhtml