Transocean books new Shell work and firms up $1bn Equinor deal

Swiss-based offshore drilling giant Transocean has won new work for one of its semisubs and secured formal approval for its $1bn deal with Equinor, announced earlier this year. Shell’s Norwegian arm awarded a two-well contract to the Transocean Norge semisub rig, built in 2015. The estimated 120 days of work is expected to begin as a … Read full article →