Transocean awards $185M in contracts to two harsh environment semisubmersibles

Transocean Ltd. announced contract awards totaling $185 million in firm backlog for two drilling rigs: Transocean Norge secured a five-well contract with Harbour Energy worth approximately $149 million, and Transocean Equinox secured a two-well contract with Santos worth approximately $36 million. The contracts demonstrate continued demand for the company's harsh environment drilling fleet and provide visibility into future revenue streams.