Transocean has secured approximately $185 million in offshore drilling contracts for Transocean Norge and Transocean Equinox, covering future work in Norway and Australia.
Equinor received regulatory approval to use the Transocean Encourage semi-submersible rig for drilling operations at the Åsgard field offshore Norway.
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 has secured a 390-day, five-well contract for the Deepwater Asgard drillship in the Eastern Mediterranean, adding about $158 million to backlog.
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 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 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 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 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.
