Transocean announced it has secured a two-well contract for its ultra-deepwater drillship, the Deepwater Conqueror, for work in Equatorial Guinea with an undisclosed operator. The agreement is expected to contribute approximately $80 million to the company's backlog.

Key Details

  • Contract Value: Approximately $80 million in backlog, excluding additional services and mobilization/demobilization fees.
  • Asset: The ultra-deepwater drillship, Deepwater Conqueror.
  • Timeline & Duration: The estimated 170-day campaign is expected to commence in 2027, in direct continuation of the rig's current contract.
  • Location: The work will be performed in Equatorial Guinea.