Equinor Receives Approval for Åsgard Drilling Campaign
15, May 2026
Equinor received regulatory approval to use the Transocean Encourage semi-submersible rig for drilling operations at the Åsgard field offshore Norway.
Transocean
Transocean-Valaris Merger Faces US Antitrust Review
6, May 2026
Transocean’s $5.8 billion all-stock merger with Valaris is under extended US antitrust review after the Department of Justice requested additional information.
Transocean Wins 390-Day Mediterranean Job for Deepwater Asgard
16, April 2026
Transocean has secured a 390-day, five-well contract for the Deepwater Asgard drillship in the Eastern Mediterranean, adding about $158 million to backlog.
Transocean Wins Petrobras Extension for Deepwater Corcovado
15, April 2026
Transocean has secured a 1,156-day extension from Petrobras for Deepwater Corcovado, adding about $445 million to backlog and keeping the drillship working through November 2030.
Transocean Backlog Rises on Norway, Brazil Rig Deals
2, April 2026
Transocean added about $1.0 billion to backlog through a new Transocean Barents contract in Norway and extensions for Deepwater Orion and Deepwater Aquila offshore Brazil.
Deepwater Thalassa Reaches Freeport for Mexico Mobilisation
5, February 2026
Deepwater Thalassa arrived in Freeport, The Bahamas for ~42 days of preparations before mobilising to offshore Mexico for a three-year Woodside term at the Trion development.
Transocean lifts backlog with Brazil, Norway rig deals
6, January 2026
Transocean secures new Brazil and Norway work for Deepwater Mykonos and Transocean Enabler, lifting firm backlog by about $168 million through contracts with BP, Equinor and Petrobras.
Transocean’s Deepwater Skyros set for 320-day Australia campaign
9, December 2025
Transocean has secured a six-well contract offshore Australia for Deepwater Skyros, a 320-day campaign starting in 1Q 2027 and expected to add about $130 million to backlog, excluding mob/demob fees.
Transocean Equinox Rig Mobilizes to Essington-1 Gas Exploration Well Offshore Australia
30, October 2025
Transocean’s Equinox semisubmersible rig is en route to the Essington-1 gas exploration well under ConocoPhillips’ Otway program, marking the start of a key offshore drilling phase in the VIC/P79 block off Australia.
