Transocean Ltd. Announces $232 Million Ultra-Deepwater Drillship Contract
Transocean Ltd. announced that it has secured a 365-day contract with BP for the Deepwater Atlas rig in the U.S. Gulf of Mexico. The contract includes an option for an additional 365 days. The drilling program is expected to start in the second quarter of 2028 and is projected to generate approximately $232 million in backlog, excluding a mobilization fee. No additional services will be provided under this contract.
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