Two US Gulf contracts boost Transocean backlog by $550m

Swiss-based offshore drilling giant Transocean has won contract awards for two of its ultra-deepwater drillships in the US Gulf of Mexico. An undisclosed operator awarded a ten-well contract to the 2016-built Deepwater Proteus. The estimated 700-day campaign is expected to add approximately $325m in backlog and begin in the first quarter of 2027, continuing directly…