Transocean Ltd. Announces 13-Well Contract for Transocean 712

Tuesday 17 July 2018

Transocean Ltd. announced that the midwater semisubmersible Transocean 712 was awarded a 13-well contract (approximately 580 days) commencing in March 2019 in the U.K. North Sea with ConocoPhillips. The estimated firm contract backlog is approximately $75 million. Additionally, the contract includes a one-well option.