Transocean adds approximately $2 billion to contract backlog
RIG•Transocean secured approximately $2 billion in incremental backlog from firm contract commitments, bringing total backlog to approximately $8 billion as of November 2, 2026.
RIG•RIG•RIG•Transocean secured approximately $2 billion in incremental backlog from firm contract commitments, bringing total backlog to approximately $8 billion as of November 2, 2026.
Transocean said its quarterly fleet update added approximately $2 billion in firm contract commitments to its backlog. Equinor’s final approval in late September added approximately $1 billion from three harsh-environment semisubmersible rigs in Norway. The update also cited a two-year binding letter of award for Dhirubhai Deepwater KG2 from ONGC and U.S. Gulf contracts covering five wells for Deepwater Conqueror and 10 wells for Deepwater Proteus.
