Transocean Secures $123 Million Offshore Drilling Contract in India
RIGTransocean(RIG) ZACKS·2024-09-05 19:21

Transocean Ltd. (RIG) , the world’s largest offshore drilling contractor and a leading provider of drilling management services, headquartered in Switzerland, has secured a significant contract from Reliance Industries Limited, a multinational conglomerate in India, headquartered in Mumbai. Reliance has granted RIG a binding Letter of Award for the Dhirubhai Deepwater KG1 project offshore India. RIG’s Contract Overview and TimelineUnder the terms of the contract, RIG will provide a drilling rig to support t ...