Transocean Wins $550 Million in U.S. Gulf Drilling Contracts

• Transocean secured contracts for two ultra-deepwater drillships in the U.S. Gulf, adding approximately $550 million in firm backlog.
• Deepwater Proteus received a ten-well contract covering an estimated 700 days, contributing approximately $325 million in backlog.
• The Proteus campaign starts in the first quarter of 2027, directly continuing its current U.S. Gulf contract.
• Deepwater Conqueror received a five-well contract covering an estimated 450 days, contributing approximately $225 million in backlog, excluding mobilization fees.
• The Conqueror campaign starts in the third quarter of 2027, directly following its Equatorial Guinea program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transocean Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610190610PRIMZONEFULLFEED9848263) on October 19, 2026, and is solely responsible for the information contained therein.