Transocean (RIG) Prolongs Its Stay With Hess and TotalEnergies

Transocean Limited (RIG) , the U.S.-based offshore driller, has confirmed that two of its drillships have won contract extensions worth $248 million in its latest fleet status report.The drillship Deepwater Asgard has prolonged its stay with Hess Corporation in the U.S. Gulf of Mexico. The contract has been extended for another year at a fixed day rate of$505,000. The work for this extension is slated to begin in June 2024, in continuation of the rig’s current program. The drillship’s previous day rate was ...