Deals Counterparts

Seadrill adopts igus' modular energy chains for drillships

Supply Agreement Oil Gas announced Mar 9, 2026
operating
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Seadrill implemented igus' e-loop modular energy chains on its West Polaris and West Capella drillships. This upgrade replaces traditional service loops, enhancing operational reliability and reducing maintenance costs for top.

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Deal Analysis

The implementation of igus' e-loop modular energy chains on Seadrill's West Polaris and West Capella drillships represents a targeted operational enhancement for the global offshore drilling contractor. This supply agreement, announced on 2026-03-09, directly addresses critical maintenance and reliability challenges inherent in deepwater drilling operations. By replacing traditional service loops with igus' specialized motion plastics, Houston-headquartered Seadrill aims to significantly improve the uptime of its top drives, a key component for its harsh environment drilling services. The commercial logic for Seadrill centers on reducing ongoing maintenance costs and mitigating operational risks across its fleet of 12 rigs. While the value of this specific supply agreement remains undisclosed, the long-term benefit for Seadrill lies in enhanced asset performance and potentially lower total cost of ownership for its operating drillships. For Seadrill, a global offshore drilling contractor specializing in harsh environment and deepwater drilling, this adoption of igus technology on the West Polaris and West Capella drillships reinforces its focus on operational excellence. The upgrade directly supports Seadrill's core business of providing reliable services to the oil and gas industry. Cologne-based igus GmbH, a global manufacturer of motion plastics with over 4,900 employees, secures a key reference for its e-loop technology within the demanding oil and gas sector. This supply agreement allows igus to further demonstrate the durability and cost-efficiency of its energy chains, which are already supplied to more than 18 industries, in a high-stress deepwater application. The transaction illustrates how specialized component suppliers like igus are finding new applications for their technology to meet the ongoing operational demands of the oil and gas industry.
  • Seadrill implemented igus' e-loop energy chains on its West Polaris and West Capella drillships.
  • The upgrade targets top drives, replacing traditional service loops for enhanced reliability.
  • Seadrill operates a fleet of 12 rigs, specializing in harsh environment and deepwater drilling.
  • igus GmbH, a Cologne-based manufacturer, employs over 4,900 individuals.
  • igus supplies components to more than 18 industries globally.
  • The supply agreement was announced on 2026-03-09.

Source Intelligence

KEY DETAILS

Offshore driller Seadrill has implemented igus' e-loop modular energy chain system on its West Polaris drillship, and subsequently on its West Capella drillship, to replace traditional service loops. This supply agreement aims to reduce downtime, cut maintenance costs, and improve operational reliability by providing a more durable and flexible cable management solution for the top drive system. The igus e-loop technology, featuring high-performance polymer products and a composite rope, is designed to withstand harsh offshore conditions and extend the service life of cables and hoses. Seadrill was experiencing issues with the service loops on its top drive system.

Location
Offshore driller Seadrill has implemented igus' e-loop modular energy chain system on its West Polaris drillship, and subsequently on its West Capella drillship
Announcement
Published Mar 9, 2026 3:40 pm ET
PARTIES MENTIONED IN SOURCE
S
Seadrill buyer

"Offshore driller Seadrill has implemented igus' e-loop modular energy chain system on its West Polaris drillship"

i
igus seller

"A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill"

high quality Enriched Mar 10, 2026

Timeline

Announced
Mar 9, 2026
Signed
Closed

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