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Transocean to acquire Valaris in all stock transaction

Monday, February 9 2026

General – Shares

Transocean and Valaris today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all stock transaction valued at approximately $5.8 billion.

[Read more…] about Transocean to acquire Valaris in all stock transaction

Filed Under: International projects, Share purchase, shareholder, sharing agreement, Transocean, Valaris Tagged With: shares, transaction, transocean, Valaris

Transocean nets $168M in two rig contracts

Tuesday, January 6 2026

Fossil Energy – Drilling Contracts

Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.

[Read more…] about Transocean nets $168M in two rig contracts

Filed Under: Brazil, Drilling, drillship, International projects, Norway, Transocean Tagged With: Brazil, drilling contracts, norway, transocean

Transocean lands six-well fixture for drillship offshore Australia

Saturday, December 13 2025

Fossil Energy – Drilling

Transocean has secured a six-well contract for its Deepwater Skyros drillship offshore Australia.

[Read more…] about Transocean lands six-well fixture for drillship offshore Australia

Filed Under: Australia, Drilling, drilling vessel, International projects, Transocean Tagged With: australia, deepwater, drilling, drillship, transocean

Contract extensions for two Transocean deepwater drillships

Friday, October 3 2025

Fossil Energy – Drilling

Transocean announced contract fixtures for two of its ultra-deepwater drillships.

[Read more…] about Contract extensions for two Transocean deepwater drillships

Filed Under: Contract extension, Drilling, drillship, International News, Transocean Tagged With: Contracts, deepwater drillships, drilling, transocean

Woodside’s Trion work assigned to Deepwater Thalassa

Friday, February 14 2025

Fossil Energy – Drilling

Transocean’s upcoming contract with Woodside for a drillship offshore Mexico has been assigned to the 12,000-ft drillship Deepwater Thalassa.

[Read more…] about Woodside’s Trion work assigned to Deepwater Thalassa

Filed Under: Drilling, drillship, International News, Mexico, Transocean, Woodside Trion Tagged With: drilling, drillship, mexico, transocean, woodside

Transocean announces $193 Million ultra-deepwater drillship contract

Friday, October 18 2024

Fossil Energy – Drilling

Yesterday, Transocean announced a one-year contract for the Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of Mexico.

[Read more…] about Transocean announces $193 Million ultra-deepwater drillship contract

Filed Under: deepwater project, Drilling, Gulf of Mexico, International projects, Transocean Tagged With: deepwater, drilling, gulf of mexico, transocean

Transocean’s Deepwater Atlas gets bp’s Gulf of Mexico job

Wednesday, September 11 2024

Fossil Energy – Drilling

Offshore drilling contractor Transocean has secured a contract from bp for its Deepwater Atlas drillship, which will be put to work at U.S. Gulf of Mexico.

[Read more…] about Transocean’s Deepwater Atlas gets bp’s Gulf of Mexico job

Filed Under: BP, Drilling, drilling vessel, drillship, Gulf of Mexico, International projects, Transocean Tagged With: BP, drilling, gulf of mexico, transocean

Gas/condensate discovery in Norwegian Sea

Tuesday, September 10 2024

Fossil Energy – Discovery

Equinor and its partners have proven gas/condensate in development well 6406/2-L-2 H, 260 kilometres southwest of Brønnøysund.

[Read more…] about Gas/condensate discovery in Norwegian Sea

Filed Under: Drilling, drilling vessel, International News, Norwegian Sea, Oil and Gas, Transocean Tagged With: drilling, NOD, norway, transocean

Transocean’s Deepwater Asgard on extended stay in GoM

Monday, July 1 2024

Fossil Energy – Drilling

Offshore drilling contractor Transocean has secured another contract extension for its Deepwater Asgard drillship with Hess Corporation for work in the U.S. Gulf of Mexico.

[Read more…] about Transocean’s Deepwater Asgard on extended stay in GoM

Filed Under: Drilling, drilling vessel, Gulf of Mexico, International projects, Transocean Tagged With: drilling, gulf of mexico, Hess, transocean

Transocean announces Petrobras contract and rig acquisition

Friday, September 15 2023

Fossil Energy – Drilling

Transocean has announced that the ultra-deepwater drillship Deepwater Aquila has been awarded a three-year contract with Petrobras.

[Read more…] about Transocean announces Petrobras contract and rig acquisition

Filed Under: Drilling, drillship, International projects, Petrobras, Transocean Tagged With: drilling, Petrobras, transocean

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