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Home Logistics News

Transocean secures trio of extensions worth $89m

November 18, 2025
in Logistics News
Transocean secures trio of extensions worth $89m
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Transocean has secured new work for one ultra-deepwater drillship and two harsh-environment semisubmersibles, adding about $89m in firm backlog.
In Brazil, Petrobras exercised a 90-day option for the Deepwater Mykonos, keeping the drillship on continuous work. The extension is expected to contribute roughly $33m in backlog.
In Norway, a two-well option was picked up for the Transocean Enabler at a dayrate of $453,000, excluding additional services.
The third award came in the Black Sea, where OMV Petrom exercised a one-well option for the Transocean Barents at $480,000 per day.
The latest fixtures add further visibility to Transocean’s contracted fleet and reflect steady demand across deepwater and harsh-environment basins. The Swiss-based offshore drilling giant owns, or has partial ownership in, a fleet of 20 ultra-deepwater floaters and seven harsh-environment units.
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