Swiss-based offshore drilling giant Transocean has secured additional work for three of its harsh-environment semisubmersibles.
Transocean said in its fleet status report that the Transocean Enabler was awarded three fixtures by Equinor for a total of seven wells in Norway, at a dayrate of $455,000.
The Norwegian energy giant has recently exercised two one-well options for the 2016-built rig, in direct continuation of its current activity. The additional work will keep the rig busy through January 2028. The semisub is currently working for Equinor on a dayrate of $455,000.
Australian major Woodside exercised a three-well option in Australia for the 2015-built Transocean Endurance at a dayrate of $419,000.
The rig is currently working for Woodside, and its initial $390,000-per-day deal was set to expire in August this year. With this option, the rig will continue working from August through October 2026 under an improved $419,000-per-day deal.
The last rig to get more work is the 2015-built Transocean Equinox. The rig is currently working in Australia for an undisclosed customer. The unnamed operator exercised a one-well option at a dayrate of $540,000, which will keep the rig working down under until December 2026.
According to the offshore driller, the aggregate incremental backlog associated with 10 fixtures won since the previous fleet status report is approximately $610m. These include the previously reported deals for the Transocean Barents, Transocean Enabler, Deepwater Skyros, and two deals for the Deepwater Mykonos. As of February 19, 2026, the company’s total backlog is approximately $6.1bn.
Last week, Transocean signed a definitive agreement to acquire Valaris in an all-stock transaction valued at about $5.8bn. On a fully diluted basis, Transocean shareholders will own roughly 53% of the combined group, with Valaris investors owning the remaining 47%.
