Transocean Announces Contract Fixtures For Three Of Its Harsh Environment Semisubmersibles, Representing $161M In Contract Backlog
Portfolio Pulse from Benzinga Newsdesk
Transocean has announced new contract fixtures for three of its harsh environment semisubmersibles, adding $161 million to its contract backlog.
June 04, 2024 | 10:40 am
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Transocean has secured new contracts for three of its harsh environment semisubmersibles, adding $161 million to its contract backlog. This development is likely to positively impact the company's revenue and stock price in the short term.
The addition of $161 million to Transocean's contract backlog indicates strong demand for its services and is likely to boost investor confidence. This should positively impact the stock price of RIG in the short term.
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IMPORTANCE 80
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