Transocean Ltd. announced today that it has secured $243 million in firm contract backlog from exercised options on two of its ultra‑deepwater drillships, adding significant new work to its pipeline.
The bulk of the backlog—$232 million—comes from bp’s 365‑day option exercise on the Deepwater Atlas, while Petrobras’s 30‑day option on the Deepwater Mykonos contributes an additional $11 million.
This new contract volume strengthens Transocean’s backlog, supports higher utilization of its high‑spec fleet, and underlines continued demand for its ultra‑deepwater capabilities, positioning the company for sustained revenue growth in the coming quarters.
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