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Transocean to Drill New Wildcat Well for Equinor in the Norwegian Sea
TransoceanTransocean(US:RIG) ZACKS·2025-06-27 13:36

Core Insights - Transocean, Inc. has secured a drilling assignment in the Norwegian Sea from Equinor ASA, with drilling activities expected to commence in July 2025 [1][2][7] Group 1: Drilling Assignment Details - Equinor has received a drilling permit from the Norwegian Offshore Directorate for wellbore 6506/12-PB-3 H, where the Transocean Encourage rig will be utilized [2][3] - In 2023, Transocean secured a nine-well contract for the Encourage rig in the Norwegian Continental Shelf, which includes an option for six additional wells [2] Group 2: Rig Specifications - The Transocean Encourage semi-submersible rig features a GVA 4000 NCS design, suitable for harsh environments, and includes automated drilling control [3][7] Group 3: Stakeholder Information - The wellbore 6506/12-PB-3 H is located within production license 094, operated by Equinor, which holds a 40.95% stake, alongside partners Vår Energi, Petoro, and TotalEnergies EP Norge [3][7]