Transocean announces contract awards for harsh-environment rigs

Transocean announced the Transocean Barents harsh-environment semisubmersible was awarded a two-well contract in Norway with commencement expected in February 2022. The contract award is approximately 200 days in duration and adds an estimated $60 million in firm contract backlog.

Additionally, the Transocean Norge harsh-environment platform rig was awarded a four-well contract plus five one-well options in Norway with commencement expected in March 2022. The contract award is approximately 200 days in duration and adds an estimated $56 million in firm contract backlog.