Transocean ltd. secures $252 million contract for newbuild, ultra-deepwater drillship

Steinhausen, switzerland, aug. 26, 2021 (globe newswire) -- transocean ltd. (nyse: rig) announced today that boe exploration & production llc (“boe”) awarded transocean a $252 million firm contract for its newbuild ultra-deepwater drillship, the deepwater atlas, including a mobilization fee of $30 million. additionally, the contract provides for a significant performance bonus opportunity based upon agreed operating metrics.
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