Transocean Ltd. Secures Ultra-Deepwater Drillship Contract Extension

(Image credit: Transocean Ltd.)

Transocean Ltd. (Transocean) has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the US Gulf of Mexico.

The program is expected to commence in direct continuation of the rig’s current program and is estimated to contribute approximately $188 million in backlog, including additional services.

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