---
schema_version: "secwatch.filing_event.v1"
accession: "0001451505-24-000146"
form_type: "8-K"
ticker: "RIG"
cik: "0001451505"
company_name: "Transocean Ltd."
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:19:22.736389+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001451505-24-000146
- form_type: 8-K
- ticker: RIG
- cik: 0001451505
- company_name: Transocean Ltd.
- filed_at: 2024-12-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451505/000145150524000146/0001451505-24-000146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451505/000145150524000146/rig-20241217x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001451505-24-000146
- JSON: https://secwatch.observer/filing/0001451505-24-000146.json
- Plain text: https://secwatch.observer/filing/0001451505-24-000146.txt

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