Other Events ·
Transocean Ltd. announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India
RIGTransocean Ltd.
Transocean Ltd. announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India. The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value, inclusive of additional services and mobilization fees. The agreement includes two years of priced options that, if fully exercised, would extend the drillship's work in India into early 2031. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells.