NYSE:RIGEnergy Services
Should New Brazil and Norway Backlog Wins Require Action From Transocean (RIG) Investors?
In early January 2026, Transocean Ltd. announced a new contract in Brazil for the Deepwater Mykonos with bp and an extension in Norway for the Transocean Enabler, together adding approximately US$168 million of firm backlog and extending rig commitments, including the Enabler’s work through September 2027.
This fresh backlog strengthens Transocean’s revenue visibility in two core offshore markets, reinforcing the role of its high-spec fleet in securing long-duration work with major energy...