NewsThe Offshore Frontier

Transocean scores $232 million ultra-deepwater drillship contract

Transocean signed a 365-day contract with bp for the Deepwater Atlas drillship in the US Gulf of Mexico, with a 365-day option. The program is expected to commence in Q2 of 2028 and contribute approximately $232 million in backlog, excluding a mobilization fee. There are no additional services provided under the contract.

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