RIG news

Transocean Ltd. secured total contracts worth $550 million, aimed at bolstering backlog for its ultra-deepwater fleet.

Transocean Ltd. has executed an amended and restated credit agreement dated as of October 15, 2026, with Citibank N.A. as administrative agent and a syndicate of other lenders. This refinancing of its existing credit agreement is notable for its delayed execution date relative to the filing date.

Transocean revenue increased with a new Shell contract and approval of an Equinor agreement, totaling $1.1 billion in backlog.

Transocean Ltd.'s Deepwater Conqueror rig has been contracted for a 170-day campaign in Equatorial Guinea beginning in 2027, adding approximately $80 million to its backlog.

Transocean Ltd. announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 drillship with ONGC, starting in Q1 2027, with a contract value of approximately $300 million including options extending into early 2031.

Transocean reported strong Q2 2026 results with $966 million in contract drilling revenues. The company added $292 million in backlog and maintained more than $1.3 billion in liquidity.

Transocean secured a $1 billion contract backlog with Equinor for three harsh environment rigs. The agreement highlights the strength of the Norwegian offshore market and ensures extended utilization for Transocean's high-specification fleet.

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. T…

Transocean Ltd. filed updated Articles of Association dated May 22, 2026, outlining the company's corporate structure and governance. The filing is primarily administrative and reflects standard Swiss corporate documentation for the offshore drilling services provider.

Transocean has executed a support agreement with Famatown parties regarding the nomination of a director candidate to the board in connection with an announced business combination to be voted on at an extraordinary general meeting. The agreement commits to nominating the director for a two-year per…