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Stock impact report

Transocean secures $1bn contracts in Norway and Brazil [Yahoo! Finance]

Transocean Ltd (Switzerland) (RIG) 
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.deepwater.com
Company Research Source: Yahoo! Finance
The deals are set to enhance the company's firm contract backlog. The Transocean Barents has been awarded a 1,095-day contract by Vår Energi. Expected to start by mid-Q2 2027, the contract offers a daily rate of $450,000. It will contribute around $490m to the backlog, excluding mobilisation and demobilisation compensation. This agreement includes options that could extend operations of the rig in Norway until 2034. The Transocean Barents is an Aker H-6e semi-submersible rig, constructed at the Aker Kvaerner Stord shipyard. It entered service in 2009 and is classified by DNV as a 1A1 Column Stabilized Drilling Unit. Measuring 295ft in length and 230ft in width at the main deck, it can accommodate up to 140 personnel. The rig is designed for a maximum water depth of 10,000ft and is outfitted for 6,500ft. In Brazil, Transocean has secured a 1,095-day extension for the Deepwater Orion from Petrobras, directly following its current activities. This extension will add ro Show less Read more
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