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Transocean wins about $300M contract for dhirubhai deepwater kg2

Transocean Ltd. announces a two-year contract with ONGC in India for ultra-deepwater drillship dhirubhai deepwater kg2, expected to commence in Q1 2027 with value of about $300M and priced options extending work to early 2031.

RIG Transocean Ltd. announces $300M contract for Ultra-deepwater drillship Transocean - announces two-year contract for dhirubhai deepwater kg2 with ongc in India - Contract expected to commence Q1 2027 with value of about $300M - Contract includes two years of priced options continuing work in India to early 2031