Transocean announces $111M ultra-deepwater drillship contract
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Contributor since / Followers
Contributor since / Followers
20 hours ago
- Transocean (NYSE:RIG) on Tuesday said a four-well option was exercised for the Dhirubhai Deepwater KG1 with Reliance Industries Limited in India.
- The estimated 270-day program is expected to commence in direct continuation of the rig’s firm term with Reliance and contribute approximately $111 million in backlog, excluding additional services.
- RIG +2.17% after hours to $3.75.
- Source: Press Release