Transocean Received Two-Well Contract From Undisclosed Operator In Equatorial Guinea This Quarter, Five-Well Contract By Undisclosed U.S. Gulf Operator; Total Backlog Is ~$8B As Of Nov. 2

Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current activity and contractual status of the Company’s fleet of offshore drilling rigs.

UPDATES
This quarter’s report includes the following updates:

• Deepwater Conqueror –
  • Awarded a two-well contract with an undisclosed operator in Equatorial Guinea.
  • Awarded a five-well contract by an undisclosed operator in the U.S. Gulf.
• Deepwater Proteus –
  • Client exercised one optional well estimated at 60 days.
  • Awarded a ten-well contract by an unnamed operator in the U.S. Gulf.
• Dhirubhai Deepwater KG2 – Announced a two-year binding Letter of Award with ONGC in India.
• Transocean Norge – Awarded a two-well contract with one single-well option by A/S Norske Shell in Norway.
• Transocean Equinox – Client exercised one optional well estimated at 50 days.
• As of November 2, 2026, the Company’s total backlog is approximately $8.0 billion.