Transocean’s contract backlog tops $10 billion

Offshore drilling contractor Transocean has secured more work for its fleet of offshore drilling rigs and brought its total contract backlog to over $10 billion. 

Transocean said last Friday that, since its last fleet status report in October 2019, the company had added approximately $366 million in contract backlog, bringing its total backlog to $10.2 billion.

According to this quarter’s report, Leiv Eiriksson semi-submersible has been awarded a two-well contract, plus three one-well options in Norway. The rig has also been awarded a one-well contract in Norway.

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