Transocean Reports $6.1 Billion Backlog in Quarterly Fleet Status Update

Reuters

02/20

Transocean Reports $6.1 Billion Backlog in Quarterly Fleet Status Update

Transocean Ltd. issued a quarterly Fleet Status Report detailing new contract awards and option exercises across its offshore drilling fleet. Updates include a one-well option for Transocean Barents in Romania at a $480,000 dayrate; a three-well contract plus a 90-day option for Deepwater Mykonos with bp in Brazil; a six-well contract for Deepwater Skyros in Australia with options totaling up to an incremental 900 days; three fixtures totaling seven wells for Transocean Enabler in Norway at a $455,000 dayrate; a seven-well extension for Transocean Encourage in Norway at a $416,000 dayrate; a three-well option for Transocean Endurance in Australia at a $419,000 dayrate; and a one-well option for Transocean Equinox in Australia at a $540,000 dayrate. The company said the aggregate incremental backlog from these 10 fixtures is approximately $610 million, bringing total backlog to about $6.1 billion as of Feb. 19, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transocean Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602191916PRIMZONEFULLFEED9658125) on February 20, 2026, and is solely responsible for the information contained therein.

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Updates include a one-well option for Transocean Barents in Romania at a $480,000 dayrate; a three-well contract plus a 90-day option for Deepwater Mykonos with bp in Brazil; a six-well contract for Deepwater Skyros in Australia with options totaling up to an incremental 900 days; three fixtures totaling seven wells for Transocean Enabler in Norway at a $455,000 dayrate; a seven-well extension for Transocean Encourage in Norway at a $416,000 dayrate; a three-well option for Transocean Endurance in Australia at a $419,000 dayrate; and a one-well option for Transocean Equinox in Australia at a $540,000 dayrate. 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ID: 202602191916PRIMZONEFULLFEED9658125) on February 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014005.SGD","symbol_name":"United Global Durable Equities Fund Acc SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260220:nNDL26KvxP:1","article_id":"2612234055","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612234055","pubTimestamp":1771546577,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Transocean Ltd. issued a quarterly Fleet Status Report detailing new contract awards and option exercises across its offshore drilling fleet. 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Updates include a one-well option for Transocean Barents in Romania at a $480,000 dayrate; a three-well contract plus a 90-day option for Deepwater Mykonos with bp in Brazil; a six-well contract for Deepwater Skyros in Australia with options totaling up to an incremental 900 days; three fixtures totaling seven wells for Transocean Enabler in Norway at a $455,000 dayrate; a seven-well extension for Transocean Encourage in Norway at a $416,000 dayrate; a three-well option for Transocean Endurance in Australia at a $419,000 dayrate; and a one-well option for Transocean Equinox in Australia at a $540,000 dayrate. The company said the aggregate incremental backlog from these 10 fixtures is approximately $610 million, bringing total backlog to about $6.1 billion as of Feb. 19, 2026.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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