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Transocean Secures ~$243M In New Contracts For Ultra-Deepwater Drillships With bp And Petrobras

Author: Benzinga Newsdesk | October 01, 2025 03:36pm

Transocean Ltd. (NYSE:RIG) ("Transocean") today announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fixtures represent approximately $243 million in firm contract backlog. 

In the U.S. Gulf of America, bp exercised a 365-day option for the Deepwater Atlas in direct continuation of its firm contract. The program is expected to contribute approximately $232 million in backlog.

In Brazil, Petrobras exercised a 30-day option for the Deepwater Mykonos in direct continuation of its firm program. The program is expected to contribute approximately $11 million in backlog.

Posted In: BP PBR RIG

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