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Energy Oil & Gas Drilling

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017... see more

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Transocean Ltd > Transocean Ltd. $232 M Ultra-Deepwater Drillship Contract

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Post by Betteryear2 on Sep 10, 2024 7:18pm

Transocean Ltd. $232 M Ultra-Deepwater Drillship Contract

STEINHAUSEN, Switzerland, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is expected to commence in the second quarter of 2028 and contribute approximately $232 million in backlog, excluding a mobilization fee. There are no additional services provided under the contract.

Transocean Ltd. Announces $232 Million Ultra-Deepwater (globenewswire.com)