Transocean Adds $1.1 Billion to Offshore Drilling Backlog with Equinor, Shell Contracts

Transocean (NYSE: RIG) lifts backlog to $1.1 billion on Norway work

What happened Transocean Ltd. (NYSE: RIG) announced approximately $1.1 billion of contract backlog on October 9, 2026. The company said Transocean Norge won a two-well contract with A/S Norske Shell. That adds about $62 million in firm backlog from an estimated 120 days of work, excluding additional services. The contract also has one single-well option. […]

Transocean adds $1.1 billion to offshore drilling backlog with Equinor, Shell contracts

Transocean has added approximately $1.1 billion to its firm drilling backlog, including final approval of a $1 billion Equinor agreement and a new $62 million Shell contract offshore Norway.

Transocean Norge wins two-well Norske Shell contract in Norway

Transocean won a two-well contract with Shell for the Transocean Norge semisubmersible in Norway. The estimated 120 days of work is expected to begin in direct continuation of the rig’s previously awarded programs in the country, and the contract includes one single-well option. Transocean also received final approval from Equinor in late September for its …

Transocean confirms $1.1 billion in firm drilling backlog from Equinor approval and Shell award

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