Transocean Secures $130 Million Drillship Contract in Australia

Reuters12-09

Transocean Secures $130 Million Drillship Contract in Australia

Transocean Ltd. has announced the execution of a six-well contract in Australia for the Deepwater Skyros drillship with an undisclosed operator. The estimated 320-day campaign is expected to begin in the first quarter of 2027 and will add approximately $130 million to Transocean's backlog, excluding mobilization and demobilization compensation. The contract includes priced options that could extend the drillship's operations in Australia into early 2030 if fully exercised.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transocean Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001451505-25-000133), on December 08, 2025, and is solely responsible for the information contained therein.

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