Transocean LtdReports $292M in new contract fixtures and $1B Equinor agreement, boosting backlog.
Transocean Ltd. issued its quarterly fleet status report, revealing approximately $292 million in aggregate incremental backlog from new contract fixtures. The fixtures include a two-well extension for the Deepwater Conqueror and a two-well contract with two one-well options for the Deepwater Proteus, both in the U.S. Gulf, a one-well extension for the Deepwater Skyros with Murphy in Ivory Coast, a five-well contract with three one-well options for the Transocean Norge with Harbour Energy in Norway, and a two-well contract with five one-well options for the Transocean Equinox with Santos in Australia. Additionally, Equinor executed a conditional agreement for three harsh environment semisubmersible rigs on the Norwegian shelf, with a total value of approximately $1.0 billion, covering a three-year program for the Transocean Enabler, a two-year program for the Transocean Encourage, and a two-year program for the Transocean Endurance after its return from Australia. As of August 5, 2026, Transocean's total backlog stands at approximately $6.7 billion, excluding the $1.0 billion Equinor backlog pending license partner approvals.
Transocean LtdReports $292M in new contract fixtures and $1B Equinor agreement, boosting backlog.
Equinor ASA ADRExecuted conditional agreement for three rigs, expanding its drilling capacity.
Harbour Energy PLCAwarded five-well contract with options to Transocean Norge.
Dell Technologies IncAwarded two-well contract with options to Transocean Equinox.