Transocean Ltd. Announces Contract Backlog of Approximately $1.1 Billion, Including Fully Approved Equinor Agreement
Transocean announced approximately $1.06 billion in new firm contract backlog, headlined by formal Equinor approval converting the previously announced three-rig agreement into $1.0 billion of firm backlog. The Transocean Norge also won a two-well, roughly 120-day contract with A/S Norske Shell worth approximately $62 million, with a single-well option included.
Key figures
- Fleet units
- 27
- Shell contract days
- 120
- New backlog shell award
- $62 million
- Equinor conversion backlog
- $1.0 billion
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