Transocean wins $550M in U.S. Gulf drillship contracts for Deepwater Proteus and Conqueror

Transocean Ltd.

Two ultra-deepwater drillship fixtures total approximately $550 million in firm contract backlog.
Deepwater Proteus: ten-well, ~700-day U.S. Gulf campaign worth ~$325M, starting Q1 2027 in direct continuation of current contract.
Deepwater Conqueror: five-well, ~450-day U.S. Gulf job worth ~$225M excluding mobilization fees, starting Q3 2027 after Equatorial Guinea program.
Both operators were undisclosed; the Conqueror work follows its existing Equatorial Guinea assignment.

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