Transocean Adds $199M To Backlog With New Rig Contracts In Australia, Norway, Ivory Coast, And Brazil; Total Backlog Reaches ~$7.2B

Transocean Ltd. -5.88%

Transocean Ltd.

RIG

3.84

-5.88%

Transocean Ltd. (NYSE:RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company's fleet of offshore drilling rigs.

This quarter's report includes the following updates:

  • Transocean Equinox – Customer exercised two one-well options in Australia at a dayrate of $540,000.
  • Transocean Spitsbergen – Customer exercised a two-well option in Norway at a dayrate of $395,000.
  • Deepwater Skyros – Awarded a three-well contract in Ivory Coast, plus a one-well option at a dayrate of $361,000.
  • Deepwater Mykonos – Awarded a 60-day extension in Brazil, plus options up to an incremental 120 days.



     

The aggregate incremental backlog associated with these fixtures is approximately $199 million. As of July 16, 2025, the company's total backlog is approximately $7.2 billion.  

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