other material
confidence high
sentiment positive
materiality 0.65
Transocean announces $243M in exercised options for Deepwater Atlas and Deepwater Mykonos
Transocean Ltd.
- bp exercised a 365-day option for Deepwater Atlas, adding ~$232M to backlog.
- Petrobras exercised a 30-day option for Deepwater Mykonos, adding ~$11M to backlog.
- Total firm contract backlog increase of approximately $243M from both fixtures.
- Both options are direct continuations of existing firm contracts in U.S. Gulf and Brazil.