Transocean wins new contracts worth $116m

Transocean has secured new contracts worth around $116m for two of its harsh-environment semisub rigs in Norway.

Transocean Barents was awarded a two-well contract expected to commence in February 2022. The contract is for approximately 200 days and adds an estimated $60m in firm contract backlog.

In addition, Transocean Norge scored a four-well deal plus five one-well options from March 2022. The contract is also for around 200 days with an estimated $56m in firm contract backlog.

Transocean owns or has partial ownership and operates a fleet of 37 mobile offshore drilling units, including 27 ultra-deepwater floaters and 10 harsh-environment floaters. In addition, Transocean is constructing two ultra-deepwater drillships.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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