Transocean ltd. announces $222 million ultra-deepwater drillship contract

Steinhausen, switzerland, aug. 30, 2023 (globe newswire) -- transocean ltd. (nyse: rig) (“transocean”) today announced that oil and natural gas corporation ltd awarded the dhirubhai deepwater kg1 a binding notification of award for work offshore india. the 21-month program is expected to commence in the first quarter of 2024 and will contribute an estimated $222 million in backlog, excluding a mobilization fee of $5 million.
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