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Transocean Ltd. Announces Contract Awards Totaling $550 Million

Source: globenewswire.com

Company FundamentalsCorporate Guidance & Outlook
Transocean Ltd. Announces Contract Awards Totaling $550 Million

Transocean announced contract awards for two ultra-deepwater drillships in the U.S. Gulf, adding approximately $550 million in firm contract backlog in aggregate. The awards provide a positive backlog update, though the announcement gives no contract durations or dayrates.

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