Transocean Ltd. (0QOW.L)
- Zacks
Transocean Secures $123 Million Offshore Drilling Contract in India
RIG wins a 300-day drilling contract with Reliance Industries for the Dhirubhai Deepwater KG1 project in India, valued at approximately $123 million.
- Zacks
Transocean to Sell Two Drillships to Optimize Asset Portfolio
RIG plans to sell the Development Driller III and Discoverer Inspiration drillships for $342 million, aiming to reduce debt and optimize its portfolio.
- GlobeNewswire
Transocean Ltd. Announces $123 Million Ultra-Deepwater Drillship Contract
STEINHAUSEN, Switzerland, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that Reliance Industries Limited awarded a binding Letter of Award for the Dhirubhai Deepwater KG1 for six wells offshore India. The estimated 300-day program is expected to commence in the second quarter of 2026 and is estimated to contribute approximately $123 million in backlog, excluding additional services and a mobilization fee. The award also includes multiple options. I
