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Transocean Secures $490 Million Multi-Year Contract for Barents Rig in Norway.
May 01, 2026•about 2 months ago
Contract Type
contract
EnergyOil And Gas
Description
Transocean has secured a multi-year contract for the Barents rig in Norway, adding $490 million to its backlog. The company is also focusing on reducing its debt by retiring its Senior Secured Notes due 2028, reflecting changes in operational deployments and debt structure.
Company Information
Company
Transocean
About
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company has a strong fleet of technologically advanced offshore drilling rigs. Their expertise ensures safe and efficient drilling operations worldwide. Transocean is headquartered in Geneva, Switzerland.
