Transocean Ltd. announced contract fixtures for three of its harsh environment semisubmersibles. Together, the fixtures represent approximately $161 million in firm contract backlog. In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor.

The program is expected to commence in the fourth quarter of 2025 in direct continuation of the rig?s current program and contribute approximately $72 million in backlog, excluding additional services. The extension also includes options for up to six additional wells. Transocean Norge was awarded a three-well contract extension with Wintershall Dea.

The estimated 140-day program is expected to commence in the first quarter of 2028 in direct continuation of the rig?s current program and contribute approximately $71 million in backlog, excluding additional services. In Australia, Woodside exercised its second option for the Transocean Endurance. The estimated 45-day well is expected to commence in direct continuation of the rig?s current program and contribute approximately $18 million in backlog.