Transocean secured a new contract in Norway and two extensions in Brazil totaling approximately $1 billion in incremental firm backlog. The harsh environment semisubmersible Transocean Barents was awarded a 1,095-day contract with Vår Energi at a dayrate of $450,000, expected to begin in the middle of Q2 2027 and contribute approximately $490 million in backlog. …
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