Transocean pens $123m six-well drillship deal in India

Swiss-based offshore driller Transocean has been awarded a binding letter of award for one of its drillships. Reliance Industries awarded the LoA to the Dhirubhai Deepwater KG1 drillship for six wells offshore India. The 300-day program is expected to begin in the second quarter of 2026 and will contribute approximately $123m in backlog, excluding additional …

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