Thursday, July 29, 2021

RIG stock: Two contracts | $40,000 per day | Invest more

 

Transocean Ltd. Announces Two Contract Awards in the U.S. Gulf of Mexico

July 28, 2021

STEINHAUSEN, SwitzerlandJuly 28, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today it was awarded two contracts which, in aggregate, contribute approximately $55.5 million in backlog.

The Deepwater Conqueror was awarded a one-well contract with a major operator in the U.S. Gulf of Mexico. The value of this contract adds approximately 85 days and $28.5 million in backlog.

Additionally, the Deepwater Asgard was awarded a one-well contract with another operator in the U.S. Gulf of Mexico. The value of this contract adds approximately 90 days and $27 million in backlog and includes $40,000 per day for managed pressure drilling services.

Both contracts are expected to commence in the first quarter of 2022.

No comments:

Post a Comment