Transocean Announces Contract Awards Totaling $550 Million
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10:16:40 AM UTC
SquawkNews
RIG Transocean: Secures $550 Million in New Ultra-Deepwater Drilling Contracts in the U.S. Gulf ⠀ · Deepwater Proteus awarded a 10-well contract worth ~$325M, covering approximately 700 days starting Q1 2027. · Deepwater Conqueror secures a 5-well contract worth ~$225M, covering approximately 450 days starting Q3 2027. · Both campaigns are expected to begin immediately after existing contracts, adding ~$550M in firm backlog.
10:16:46 AM UTC
SquawkNews
STEINHAUSEN, Switzerland, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. NYSE:RIG (“Transocean”) today announced contract awards for two of its ultra-deepwater drillships in the U.S. Gulf. In aggregate, the fixtures represent approximately $550 million in firm contract backlog.The Deepwater Prot…