Transocean Secures $168 Million in New Contracts and Extensions

Reuters01-05

Transocean Secures $168 Million in New Contracts and Extensions

Transocean Ltd. has announced a contract award and an extension for two of its drilling rigs, totaling approximately $168 million in firm backlog. In Brazil, the Deepwater Mykonos rig received a contract from bp for an estimated 302-day campaign set to begin in the third quarter of 2026, contributing about $120 million in backlog. In Norway, three one-well options were exercised for the Transocean Enabler, adding 105 days of work and approximately $48 million in backlog, with the commitment extending through September 2027.

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 GlobeNewswire (Ref. ID: 9619704) on January 05, 2026, and is solely responsible for the information contained therein.

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