Transocean Secures $62 Million Norwegian Contract From Shell

MT newswire2026/10/09 10:53

06:53 AM EDT, 10/09/2026 (MT Newswires) -- Transocean (RIG) said Friday that Norge secured a $62 million two-well contract with Shell's (SHEL) Norwegian unit, A/S Norske Shell. The contract includes an estimated 120 days of work and will directly take over from the rig's previously awarded programs in Norway. The contract also includes one single-well option, it said. The company said it also secured formal approval for its previously announced $1 billion deal with Equinor (EQNR).

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