---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-079622"
form_type: "8-K"
ticker: "RIG"
cik: "0001451505"
company_name: "Transocean Ltd."
filed_at: "2026-07-01T13:01:06+00:00"
generated_at: "2026-07-01T13:02:18.591248+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Transocean signs $1B+ Equinor contract for three rigs; CFIUS clears Valaris merger

## Summary
- Agreement with Equinor for three Cat D rigs valued at over $1B in contract backlog over seven rig years.
- Base day rate $399,000; effective day rate exceeds $400,000 at commencement.
- Enabler: 3-yr from Q1 2028; Encourage: 2-yr from Q1 2028; Endurance: 2-yr from Q2 2027 after Australia mobilization.
- CFIUS approval received for Valaris acquisition; HSR Second Request outstanding; parties committed not to certify before July 31, 2026.
- Transaction expected to close in H2 2026 subject to remaining regulatory approvals and shareholder votes.

## SEC filing metadata
- accession: 0001104659-26-079622
- form_type: 8-K
- ticker: RIG
- cik: 0001451505
- company_name: Transocean Ltd.
- filed_at: 2026-07-01T13:01:06+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451505/000110465926079622/0001104659-26-079622-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451505/000110465926079622/tm2619480d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-079622
- JSON: https://secwatch.observer/filing/0001104659-26-079622.json
- Plain text: https://secwatch.observer/filing/0001104659-26-079622.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.