other material
confidence high
sentiment positive
materiality 0.60
Transocean wins $300M two-year drillship contract with ONGC in India
Transocean Ltd.
- Two-year binding Letter of Award for Dhirubhai Deepwater KG2 with ONGC in India.
- Campaign expected to start Q1 2027; ~$300M contract value incl. mobilization and services.
- Includes two years of priced options; full exercise keeps drillship working until early 2031.