RIG

Transocean Secures $158 Million Contract For Five Wells In East Mediterranean Sea

(RTTNews) - Transocean Ltd. (RIG), provider of offshore contract drilling services for oil and gas wells, on Wednesday announced that it has secured a new 390-day contract for the ultra-deepwater drillship Deepwater Asgard.

"The estimated 390-day campaign is expected to commence in the fourth quarter of 2026 and contribute approximately $158 million in  backlog" the company said in a statement

On the New York Stock Exchange, shares of Transocean were gaining 1.06 percent in pre market activity, trading at $6.21, after closing Wednesday's regular trading 0.32 percent lower at $6.15.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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