Transocean Ltd. Announces $116 Million in Harsh Environment Contract Awards
Transocean Ltd. (NYSE: RIG) announced two significant contract awards in Norway. The Transocean Barents is set to commence a two-well contract in February 2022, lasting approximately 200 days, adding an estimated $60 million to the firm's backlog. Additionally, the Transocean Norge received a four-well contract, plus five optional wells, also commencing in March 2022, contributing about $56 million to the backlog. With a fleet of 37 mobile offshore drilling units, Transocean continues to focus on deepwater and harsh environment drilling.
- Awarded approximately $60 million contract for the Transocean Barents, with a duration of about 200 days.
- Secured a four-well contract plus five optional wells for the Transocean Norge, contributing an estimated $56 million to backlog.
- None.
STEINHAUSEN, Switzerland, June 16, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today the Transocean Barents was awarded a two-well contract in Norway with commencement expected in February 2022. The contract award is approximately 200 days in duration and adds an estimated
Additionally, the Transocean Norge was awarded a four-well contract plus five one-well options in Norway with commencement expected in March 2022. The contract award is approximately 200 days in duration and adds an estimated
About Transocean
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. Transocean specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and operates the highest specification floating offshore drilling fleet in the world.
Transocean owns or has partial ownership interests in and operates a fleet of 37 mobile offshore drilling units, including 27 ultra-deepwater floaters and 10 harsh environment floaters. In addition, Transocean is constructing two ultra-deepwater drillships.
For more information about Transocean, please visit: www.deepwater.com
Forward-Looking Statements
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FAQ
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