Transocean Ltd. Announces $1.04 Billion in Contract Awards for Two Ultra-Deepwater Drillships
December 7, 2022
STEINHAUSEN, Switzerland, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today announced awards for its ultra-deepwater drillships, Deepwater Corcovado and Deepwater Orion, for work offshore Brazil with a national oil company. Together the two contracts represent approximately $1.04 billion in firm backlog.
Deepwater Corcovado was awarded a four-year contract, which contributes an estimated $583 million in backlog and is expected to begin in the third quarter of 2023 in direct continuation of the rig’s current contract.
Deepwater Orion was awarded a three-year contract, which contributes an estimated $456 million in backlog and is expected to commence during the fourth quarter of 2023.
Deepwater Orion
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Re: Deepwater Orion
Transocean Ltd. Provides Quarterly Fleet Status Report
February 9, 2023
STEINHAUSEN, Switzerland, Feb. 09, 2023 (GLOBE NEWSWIRE) -- 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.
Deepwater Orion – Awarded a three-year contract in Brazil at current rate of $417,000 per day, as adjusted for foreign currency exchange.
February 9, 2023
STEINHAUSEN, Switzerland, Feb. 09, 2023 (GLOBE NEWSWIRE) -- 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.
Deepwater Orion – Awarded a three-year contract in Brazil at current rate of $417,000 per day, as adjusted for foreign currency exchange.
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