Transocean secures $486m contract for Deepwater Aquila offshore Brazil

Transocean secures $486m contract for Deepwater Aquila offshore Brazil

Transocean Ltd. (NYSE: RIG), a leading player in offshore drilling, today announced a three-year contract for its new ultra-deepwater drillship, the Deepwater Aquila, with a national oil company in Brazil. Slated to commence in Q3 2024, the contract represents a firm backlog of approximately $486 million, excluding a mobilization fee calculated at 90 times the […]