Transocean secures $232 million drillship contract with bp
(WO) — Transocean Ltd. has secured a $232 million contract with bp for its Deepwater Atlas drillship in the U.S. Gulf of Mexico.
The 365-day contract, which includes an option for an additional 365 days, is set to begin in the second quarter of 2028. This deal adds approximately $232 million to Transocean's backlog, not including the mobilization fee. No additional services are included in the contract.