Shares, $0.10 par value
- Symbol
- RIG
- Exchange
- NYSE
- Classification
- OTHER
- Status
- Current
Current Report · Items 7.01, 9.01 · 8-K
Transocean LTD.
RIGNYSEEQUITYCurrent
Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a new contract award representing approximately $62 million in firm contract backlog and the formal approval of the previously announced Equinor agreement resulting in conversion of the $1.0 billion contract value to firm backlog. The Transocean Norge was awarded a two-well contract with A/S Norske Shell.…
Company context
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The Company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services and operates the highest specification floating offshore drilling fleet in the world. Transocean owns or has partial ownership interests in and operates a fleet of 27 mobile offshore drilling units, consisting of 20 ultra-deepwater floaters and seven harsh environment floaters.
Current securities
Registered securities in this filing
TRANSOCEAN LTD · 8-K · Filed 2026-10-09
Disclosure sections
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01
Regulation FD Disclosure.
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a new contract award representing approximately $62 million in firm contract backlog and the formal approval of the previously announced Equinor agreement resulting in conversion of the $1.0 billion contract value to firm backlog.
The Transocean Norge was awarded a two-well contract with A/S Norske Shell. The estimated 120 days of work is expected to commence in direct continuation of the rig's previously awarded programs in Norway and contribute approximately $62 million in backlog, excluding additional services. The contract also includes one single-well option.
In late September, final approval was received from Equinor for the previously announced agreement for three harsh environment semisubmersible rigs in Norway: Transocean Enabler, Transocean Encourage, and Transocean Endurance. The total contract value of approximately $1.0 billion is now included in Transocean’s backlog.
A copy of the press release announcing the fixture referred to above is attached hereto and incorporated herein by reference as Exhibit 99.1.
Filed exhibits (1)
EXHIBIT 99.1 Transocean Ltd. Announces Contract Backlog of Approximately $1.1 Billion, Including Fully Approved Equinor Agreement STEINHAUSEN, Switzerland, October 9, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a new contract award representing approximately $62 million in firm contract backlog and the formal approval of the previously announced Equinor agreement resulting in conversion of the $1.0 billion contract value to firm backlog. The Transocean Norge was awarded a two-well contract with A/S Norske Shell. The estimated 120 days of work is expected to commence in direct continuation of the rig's previously awarded programs in Norway and contribute approximately $62 million in backlog, excluding additional services. The contract also includes one single-well option. In late September, final approval was received from Equinor for the previously announced agreement for three harsh environment semisubmersible rigs in Norway: Transocean Enabler, Transocean Encourage, and Transocean Endurance. The total contract value of approximately $1.0 billion is now included in Transocean’s backlog. About Transocean Transocean is a leading internat…
Open exhibit ↗