Transocean Ltd. Announces $425 Million Additional Backlog for Ultra-Deepwater Drillship
Transocean Ltd (Switzerland) (RIG)
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm
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US:NYSE Investor Relations:
investor.deepwater.com
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Source: GlobeNewswire
STEINHAUSEN, Switzerland, April 14, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that the Deepwater Corcovado was awarded a 1,156-day contract extension with Petrobras in direct continuation of its current activity. The extension is expected to contribute approximately $445 million in incremental backlog and commit the rig through November 2030. Prior to the extension period, from April 1, 2026, until the commencement of the new contract in September 2027 (approximately 525 days), the existing backlog will be reduced by approximately $20 million. About Transocean Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services and operates the highest specification floating offshore drilling fleet in the world. Transoce
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News
- Transocean (RIG) had its price target raised by Susquehanna from $7.50 to $8.00. They now have a "positive" rating on the stock.MarketBeat
- Transocean Secures $1B Backlog From New Offshore Contracts [Yahoo! Finance]Yahoo! Finance
- Transocean secures $1bn contracts in Norway and Brazil [Yahoo! Finance]Yahoo! Finance
- Is It Too Late To Consider Transocean (RIG) After Its 203% One Year Surge? [Yahoo! Finance]Yahoo! Finance
- Transocean Awarded $1 Billion in New, Extended Contracts; Retires 8.375% Notes due 2028 [Yahoo! Finance]Yahoo! Finance
RIG
Earnings
- 2/19/26 - Miss
RIG
Sec Filings
- 4/14/26 - Form 8-K
- 4/2/26 - Form 8-K
- 3/31/26 - Form ARS
- RIG's page on the SEC website