Transocean signs $130 million contract for ultra-deepwater drillship

Transocean signed a six-well contract in Australia with an undisclosed operator for the Deepwater Skyros. The estimated 320-day campaign is expected to commence in the first quarter of 2027 and contribute approximately $130 million in backlog, excluding compensation for mobilization and demobilization.

The award includes priced options that, if fully exercised, could keep the drillship working in Australia into early 2030.