Transocean (RIG) has issued an announcement.
Transocean Ltd. has secured a lucrative 365-day contract extension for their Deepwater Asgard rig in the U.S. Gulf of Mexico, which is set to directly follow its current program. This extension is anticipated to boost the company’s backlog by an estimated $188 million, signaling a strong vote of confidence from an independent operator and showcasing Transocean’s sustained presence in the region’s offshore drilling market.
See more data about RIG stock on TipRanks’ Stock Analysis page.
