Transocean locks in $445m Petrobras drillship extension

Switzerland-based offshore driller Transocean has secured more work in Brazil, with Petrobras extending the contract for its ultra-deepwater drillship Deepwater Corcovado. The 1,156-day extension will run in direct continuation of the rig’s current programme and is expected to add about $445m in backlog, keeping the unit busy through November 2030. There is, however, a short-term …

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