Transocean has secured a new drilling contract in Brazil and an extension in Norway, adding approximately $168 million in firm backlog to its offshore rig portfolio.
In Brazil, the ultra-deepwater drillship Deepwater Mykonos was awarded a contract by bp. The 302-day campaign is expected to begin in the third quarter of 2026 and is projected to contribute about $120 million to Transocean’s backlog, excluding additional services and mobilization-related compensation.
In Norway, Transocean said three one-well options have been exercised for the harsh-environment semisubmersible Transocean Enabler. The incremental 105 days of work extend the rig’s current program and are expected to add approximately $48 million in backlog, committing the unit through September 2027.
Transocean said the two fixtures reflect continued demand for high-specification offshore drilling assets in both deepwater and harsh-environment markets. The company operates a fleet of 27 mobile offshore drilling units, including 20 ultra-deepwater floaters and seven harsh-environment rigs.
