Transocean announced contract awards for two of its ultra-deepwater drillships, the Deepwater Proteus and the Deepwater Conqueror, for work in the U.S. Gulf. The agreements represent a combined total of approximately $550 million in firm contract backlog.
Key Details
- Total Backlog Added: Approximately $550 million from two contracts with undisclosed operators in the U.S. Gulf.
- Deepwater Proteus: Awarded a 10-well, 700-day contract valued at approximately $325 million, expected to commence in Q1 2027.
- Deepwater Conqueror: Awarded a 5-well, 450-day contract valued at approximately $225 million, expected to commence in Q3 2027.