Thursday, January 9, 2025

Transocean Scores 955 Days from Chevron Australia for Ultra-Deepwater Semisubmersible Rig in 2019: Adds $158 Million to Backlog

Transocean Ltd. (NYSE:RIG) announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing offshore Australia in the first half of 2019 with Chevron Australia. The estimated firm contract backlog, excluding integrated services, is approximately $158 million. Additionally, the contract includes four one-well options.

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