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GlobeNewswire·

Transocean Ltd. Announces $158 Million Award for Ultra-Deepwater Drillship

  • Transocean Ltd. announced that the Deepwater Asgard rig secured a five-well contract in the Eastern Mediterranean Sea with an undisclosed operator.
  • The estimated 390-day campaign is scheduled to begin in the fourth quarter of 2026.
  • The contract adds approximately $158 million to Transocean's backlog, excluding mobilization & demobilization services.
  • Total backlog additions reached approximately $1.6 billion since the start of April, including recent fixtures for the Transocean Barents, Deepwater Orion, Deepwater Aquila, & Deepwater Corcovado.
  • Transocean operates a fleet of 27 mobile offshore drilling units, comprising 20 ultra-deepwater floaters & seven harsh environment floaters.