Transocean provides quarterly fleet status; announces total backlog $7.1B

Transocean (RIG) issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. This quarter’s report includes the following updates: Transocean Barents: Awarded a 1,095-day contract with Vundefinedr Energi ASA in Norway. Deepwater Orion: Awarded a 1,095-day contract extension with Petrobras in Brazil. Deepwater Aquila: Awarded a 365-day contract extension with Petrobras in Brazil. Deepwater Corcovado: Awarded a 1,156-day contract extension with Petrobras in Brazil. Deepwater Asgard: Awarded a five-well contract in the Eastern Mediterranean Sea. The aggregate incremental backlog associated with these fixtures is approximately $1.6B. As of May 4, the company’s total backlog is approximately $7.1B.