Transocean receives $111M, 270-day ultra-deepwater drillship contract option exercise from Reliance

Transocean Ltd.

Four-well option exercised for Dhirubhai Deepwater KG1 with Reliance Industries in India.
Estimated 270-day program begins in direct continuation of firm term, adding ~$111M to backlog.
Excludes additional services; rig is a dynamically positioned ultra-deepwater drillship.

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