Transocean Reports $6.1 Billion Backlog in Quarterly Fleet Status Update

Reuters

10 hours ago

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2612234055"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2612234055\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2612234055?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-20 08:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2612234055","market":"fut","top_or_hot":-1,"title":"Transocean Reports $6.1 Billion Backlog in Quarterly Fleet Status Update","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Transocean Reports $6.1 Billion Backlog in Quarterly Fleet Status Update\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/RIG\">Transocean Ltd.</a> 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. 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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. 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.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}