Transocean Ltd. Announces Exercised Options Totaling $89 Million

STEINHAUSEN, Switzerland — On November 18 2025, Transocean Ltd. (NYSE: RIG) confirmed that it has secured contract fixtures — via option exercises — amounting to approximately $89 million in firm backlog. The break‑down as follows: In Brazil, Petrobras exercised a 90‑day option to continue operations of the ultra‑deepwater drillship Deepwater Mykonos, representing about $33 million of the backlog. In Norway, Transocean exercised a two‑well option for the harsh‑environment semi‑submersible Transocean Enabler at a dayrate of US $453,000 (excluding additional services). In Romania, a one‑well option was exercised by OMV Petrom for the semi‑submersible Transocean Barents, at a dayrate of US $480,000. The company emphasises that these are firm contract backlog additions and aligns with its strategic focus on ultra‑deepwater and harsh–environment drilling services. As a reminder, Transocean flags that forward‑looking statements (regarding future performance, backlog, or contract opportunities) are subject to risks and uncertainties, including market conditions and fulfilment of contract terms. #DrillingContracts #OffshoreEnergy #Transocean #OilAndGasBacklog #SlimScan #GrowthStocks #CANSLIM