Transocean Secures $184M Award For Harsh Environment Semisubmersible
Portfolio Pulse from Benzinga Newsdesk
Transocean has secured a $184M award for harsh environment semisubmersible. The award is expected to commence in Q1 2025, following the rig's previously announced five-well, 300-day commitment in Australia with a major operator, expected to start in Q1 2024.
June 28, 2023 | 9:24 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Transocean's new $184M award could boost its revenues from Q1 2025. This follows a five-well, 300-day commitment in Australia starting in Q1 2024.
The $184M award is a significant revenue source for Transocean. It's expected to commence in Q1 2025, which could positively impact the company's financial performance. The previously announced commitment in Australia also indicates a steady stream of revenue for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100