Transocean Receives ~$62M Firm Contract Award Alongside Formal Approval Of Previously Announced Equinor Agreement; Converts $1B Contract Value To Firm Backlog
The Transocean Norge was awarded a two-well contract with A/S Norske Shell. The estimated 120 days of work is expected to commence in direct continuation of the rig's previously awarded programs in Norway and
Transocean got a new $62 million drilling job in Norway. This shows customers keep ordering work, which means the company has steady business ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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