Fossil Energy – Drilling
Transocean has secured a five-well contract for its Deepwater Asgard drillship in the Eastern Mediterranean Sea.
The estimated 390-day campaign, with an undisclosed operator, is expected to commence in the fourth quarter of 2026 and contribute approximately $158 million in backlog, excluding additional services and compensation for mobilization and demobilization.
Inclusive of the recently announced fixtures on the Transocean Barents in Norway, and the Deepwater Orion, Deepwater Aquila, and Deepwater Corcovado in Brazil, total backlog additions approximate $1.6 billion since the beginning of April for Transocean, the company said.
