It noted that Seadrill said that the action was "a protective measure to support Seadrill's broader comprehensive financial restructuring" and would "in no way affect the safe and efficient operation of the Asia Offshore Drilling offshore drilling units". Sapura has also affirmed that the Chapter 11 filing of Seadrill's Asian operations does not involve Sapura-Seadrill's FPSV operations which are mainly undertaken in Brazil, nor does this development trigger any cross-default for the JV financing structure. Currently, it pointed out that five of the FPSVs are operating in Brazil for Petrobras. However, management is hoping to secure an extension for Sapura Topazio at the Marlim field in the Campos Basin while Sapura Diamante, which has been out of firm contract since last year, currently works on a short-term charter at Dos Borcos Port field in the Gulf of Mexico for Hokchi Energy.