Transocean Ltd. Announces Two Contract Awards in the U.S. Gulf of Mexico

Source: www.gulfoilandgas.com 7/28/2021, Location: North America

Transocean Ltd. was awarded two contracts which, in aggregate, contribute approximately $55.5 million in backlog.

The Deepwater Conqueror was awarded a one-well contract with a major operator in the U.S. Gulf of Mexico. The value of this contract adds approximately 85 days and $28.5 million in backlog.

Additionally, the Deepwater Asgard was awarded a one-well contract with another operator in the U.S. Gulf of Mexico. The value of this contract adds approximately 90 days and $27 million in backlog and includes $40,000 per day for managed pressure drilling services.

Both contracts are expected to commence in the first quarter of 2022.





Gulf Oil and Gas
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