Transocean (RIG) wins two contracts worth $113 million for harsh environment semisubmersibles. It also secures a $91 million plug and abandonment deal in Australia and a $22 million one-well option in Norway.
Transocean (RIG) has secured two drilling contracts, worth $382 million, from Equinor. The agreements include a strategic partnership to explore areas including technology and sustainability.
STEINHAUSEN, Switzerland, March 29, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today announced contract fixtures for two of its harsh environment semisubmersibles. Together, the fixtures represent approximately $113 million in firm contract backlog. Transocean Endurance was awarded a multi-well plug and abandonment contract in Australia with an independent operator. The estimated 240-day contract is expected to commence in January 2024 and contribute approximately $91 million in backlo