Other Events ·
Adds $62M Shell contract and converts $1.0B Equinor deal to firm backlog
RIGTransocean Ltd.
Transocean announced a new two-well contract with A/S Norske Shell for the Transocean Norge rig, adding approximately $62 million in firm backlog. The company also received final approval from Equinor for an agreement involving three harsh environment semisubmersible rigs (Transocean Enabler, Encourage, and Endurance), converting the previously announced $1.0 billion contract value into firm backlog. These awards bring total reported firm backlog to approximately $1.1 billion. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells.