Transocean wins $80M drillship contract in Equatorial Guinea

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Go back to Transocean wins $80M drillship contract in Equatorial Guinea

Transocean Ltd. Announces $80 Million Contract For Ultra-Deepwater Drillship

September 15, 2026 6:08 AM EDT

STEINHAUSEN, Switzerland, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (Transocean) today announced that the Deepwater Conqueror was awarded a two-well contract for work in Equatorial Guinea with an undisclosed operator. The estimated 170-day campaign is expected to commence in 2027 in direct continuation of the rigs current contract in the U.S Gulf and contribute approximately $80 million in backlog, excluding additional services and compensation for mobilization and demobilization.

About Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The Company specializes in... More