Contract CommitmentsTransocean’s contract commitments through 1H2026 should be sufficient to mitigate investor concerns about intermittent rig utilization and re-pricing.
Financial PerformanceNew contracts booked in 2025 will provide increased EBITDA and FCF visibility into the 2027-2030 timeframe, aiding in debt reduction and enabling a shareholder return program.
Market DemandOil companies are looking to secure rigs for projects starting in 2026 as project economics remain favorable, with Brazil, South America, and West Africa as primary drivers of demand.