Transocean Ltd. Announces Contract Awards Totaling $550 Million
Transocean won contract awards for two ultra-deepwater drillships in the U.S. Gulf totaling approximately $550 million in firm backlog. The Deepwater Proteus secured a ten-well, ~700-day contract worth ~$325 million starting Q1 2027, while the Deepwater Conqueror won a five-well, ~450-day fixture worth ~$225 million starting Q3 2027 after completing work in Equatorial Guinea. Operators were not disclosed.
Key figures
- Deal Value Usd
- $550 million
- Proteus wells
- 10
- Conqueror wells
- 5
- Proteus backlog usd
- 325000000
- Conqueror backlog usd
- 225000000
- Proteus duration days
- 700
- Conqueror duration days
- 450
- Firm contract backlog usd
- 550000000
AI analysis
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