Transocean wins $550 million in U.S. Gulf drilling contracts
RIG•Transocean secured contracts for two ultra-deepwater drillships in the U.S. Gulf, adding approximately $550 million to its firm backlog.
1. Two drillship contracts
Deepwater Proteus received a ten-well contract covering an estimated 700 days and adding approximately $325 million to backlog. Its campaign starts in the first quarter of 2027, directly continuing its current U.S. Gulf contract. Deepwater Conqueror received a five-well contract covering an estimated 450 days and adding approximately $225 million to backlog, excluding mobilization fees; its campaign starts in the third quarter of 2027, directly following its Equatorial Guinea program.
