Transocean Wins About $550 Million in Gulf Drillship Contract Awards
Transocean announced awards totaling approximately $550 million in firm backlog for two ultra-deepwater drillships in the U.S. Gulf. Its shares jumped 6% in afternoon trading.
What Happened? Shares of offshore drilling contractor Transocean NYSE:RIG jumped 6% in the afternoon session after the company announced contract awards totaling approximately $550 million in firm backlog for two ultra-deepwater drillships in the U.S. Gulf.Under the awards, the Deepwater Proteus se…