---
schema_version: "secwatch.filing_event.v1"
accession: "0001451505-26-000064"
form_type: "8-K"
ticker: "RIG"
cik: "0001451505"
company_name: "Transocean Ltd."
filed_at: "2026-08-20T10:21:26+00:00"
generated_at: "2026-08-20T10:25:11.667868+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Transocean wins $300M two-year drillship contract with ONGC in India

## Summary
- 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.

## SEC filing metadata
- accession: 0001451505-26-000064
- form_type: 8-K
- ticker: RIG
- cik: 0001451505
- company_name: Transocean Ltd.
- filed_at: 2026-08-20T10:21:26+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451505/000145150526000064/0001451505-26-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451505/000145150526000064/rig-20260820x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001451505-26-000064
- JSON: https://secwatch.observer/filing/0001451505-26-000064.json
- Plain text: https://secwatch.observer/filing/0001451505-26-000064.txt

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