The offshore driller said the awards include firm fixtures and a conditional agreement for rigs on the Norwegian shelf, extending existing drilling programs.
Transocean Ltd. announced new offshore drilling contracts valued at about $292 million in firm fixtures, alongside an additional $1.0 billion conditional agreement with Equinor for rigs on the Norwegian shelf. The awards add to the company’s contracted backlog and extend drilling programs, highlighting continued demand for offshore rigs tied to longer-term exploration and production activity.