Transocean Gets $1 Billion Equinor Green Light, Adds $62 Million Shell Contract
Transocean secures $1.1 billion in firm contract backlog following Equinor's final approval and a new $62 million Shell drilling contract.
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Transocean secures $1.1 billion in firm contract backlog following Equinor's final approval and a new $62 million Shell drilling contract.
The Transocean Norge was awarded a two-well contract with A/S Norske Shell. The estimated 120 days of work is expected to commence in direct continuation of the rig's previously awarded programs in Norway and
Transocean (NYSE:RIG) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. This content is powered by Benzinga APIs. For