Transocean Ltd. (RIG, Financial) released its first-quarter 2024 results and its latest fleet status report in April. The contract backlog was $8.90 billion, down from $9 billion in the preceding quarter. However, the company has been awarded a few more contracts since then. For instance, on June 4, the company announced that three harsh-environment semi-subs (Transocean Spitsbergen, Transocean Norge and Transocean Endurance) were contracted for $161 million. Later that month, on June 26, it revealed that D ...

STEINHAUSEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the second quarter 2024 on Wednesday, July 31, 2024. The company will conduct a teleconference to discuss the results starting at 11 a.m. EDT, 5 p.m. CEST, on Thursday, August 1, 2024. Individuals who wish to participate should dial +1 785-424-1222 approximately 15 minutes prior to the scheduled start time and refer to conference code 119567. The teleconference will be simu ...

STEINHAUSEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2024 on Wednesday, July 31, 2024. The company will conduct a teleconference to discuss the results starting at 11 a.m. EDT, 5 p.m. CEST, on Thursday, August 1, 2024. Individuals who wish to participate should dial +1 785-424-1222 approximately 15 minutes prior to the scheduled start time and refer to conference code 119567. The teleconference will be sim ...

Transocean Ltd. (RIG) , an offshore drilling contractor, has secured another significant contract extension for its Deepwater Asgard drillship with Hess Corporation (HES) , a U.S. oil and gas exploration and production company. This extension, valued at $188 million, ensures the drillship will continue its operations in the U.S. Gulf of Mexico for another year. The contract is expected to begin immediately following the conclusion of the rig’s current program.Overview of Deepwater AsgardSpecifications and C ...

Highlights:Drilling at the ERT will initially occur at six sites along newly constructed roads to test for depth and strike extensions of gold surface anomalies that were identified by the Company through a 2021 surface mapping and sampling program. High angle faults and strongly altered intrusive dikes are present at surface with several gold rock chip and soil samples exceeding 2 g/t Au, as shown in Figure 2. Results from the Company's CSAMT (Controlled-Source Audio-Frequency Magnetotellurics) geophysical ...

Transocean Ltd. (RIG) , the Swiss offshore contract drilling service provider, has reached an agreement with an undisclosed customer to sell one of its ultra-deepwater floaters. This strategic move marks a significant development in the company's ongoing efforts to streamline its asset portfolio.Sale Details of the Deepwater NautilusThe Agreement Overview: Transocean has disclosed in a recent U.S. Securities and Exchange Commission (“SEC”) filing that the oil and gas drilling company has agreed to sell its ...

STEINHAUSEN, Switzerland, June 26, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) ("Transocean") today announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. 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. About Transocean Transocean is a leading international provider of offshore contract drilling ...

STEINHAUSEN, Switzerland, June 26, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. 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. About Transocean Transocean is a leading international provider of offshore contract drilling ...

Transocean Ltd. (RIG) has secured new contract extensions for three of its harsh environment semisubmersible rigs — Transocean Spitsbergen, Transocean Norge and Transocean Endurance. The new deals contribute approximately $161 million in firm contract backlog.The Transocean Spitsbergen received a three-well contract extension in Norway from Equinor. The rig has been contracted by Equinor since November 2023. The extension with Equinor should contribute around $72 million in firm backlog, excluding additiona ...

STEINHAUSEN, Switzerland, June 04, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) ("Transocean") today announced contract fixtures for three of its harsh environment semisubmersibles. Together, the fixtures represent approximately $161 million in firm contract backlog. In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor. The program is expected to commence in the fourth quarter of 2025 in direct continuation of the rig's current program and contribute approximatel ...