Transocean Ltd. Announces $232 Million Ultra-Deepwater Drillship Contract
Source: www.gulfoilandgas.com 9/10/2024, Location: North America
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is expected to commence in the second quarter of 2028 and contribute approximately $232 million in backlog, excluding a mobilization fee. There are no additional services provided under the contract.