Transocean Ltd. Announces $111 Million Ultra-Deepwater Drillship Contract
Source: www.gulfoilandgas.com 12/17/2024, Location: Asia
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that a four-well option was exercised for the Dhirubhai Deepwater KG1 with Reliance Industries Limited in India. The estimated 270-day program is expected to commence in direct continuation of the rig’s firm term with Reliance and contribute approximately $111 million in backlog, excluding additional services.