Transocean receives $158 million contract for Eastern Mediterranean drilling
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Transocean Ltd. Announces $158 Million Award for Ultra-Deepwater Drillship
April 16, 2026 6:21 AM EDTSTEINHAUSEN, Switzerland, April 16, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (Transocean) today announced that the Deepwater Asgard was awarded a five-well contract in the Eastern Mediterranean Sea with an undisclosed operator. The estimated 390-day campaign is expected to commence in the fourth quarter of 2026 and contribute approximately $158Â million in backlog, excluding additional services and compensation for mobilization and demobilization.
Inclusive of the recently announced fixtures on the Transocean Barents in Norway, and the Deepwater Orion, Deepwater Aquila, and Deepwater Corcovado in... More
