Transocean secures $531M, 1,095-day contract with bp for Deepwater Invictus

Transocean Ltd.

Contract for ultra-deepwater drillship Deepwater Invictus with bp in U.S. Gulf of Mexico.
Program duration 1,095 days (approx. 3 years), expected to start Q1 2025.
Estimated backlog contribution of ~$531 million, excluding additional services and mobilization fee.
Announced on July 31, 2024, by Transocean Ltd. (NYSE: RIG).

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