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Transocean announces $222M ultra-deepwater drillship contract

Transocean announces $222M ultra-deepwater drillship contract

Transocean announced that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding Notification of Award for work offshore India. The 21-month program is expected to commence in the first quarter of 2024 and will contribute an estimated $222M in backlog, excluding a mobilization fee of $5M.

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