Transocean Secures $193 Million Drillship Contract

Transocean ( (RIG) ) has issued an announcement.

Transocean Ltd. has secured a one-year contract for its Deepwater Conqueror drillship in the U.S. Gulf of Mexico, expected to start in October 2025. This deal, with an undisclosed operator, promises to add approximately $193 million to Transocean’s backlog, bolstering its position in the ultra-deepwater drilling market.

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