Within its latest quarterly fleet status report, Transocean confirmed an aggregate incremental backlog associated with new fixtures of approximately $610 million. As a result, the company’s total backlog is around $6.1 billion as of February 19, 2026. The firm explains that OMV Petrom exercised a one-well option for the Transocean Barents semi-submersible rig in Romania at a day rate of $480,000.
While BP awarded a three-well contract in Brazil to the Deepwater Mykonos drillship, the same rig secured a 90-day option with Petrobras. The Deepwater Skyros drillship landed a six-well contract with an undisclosed player in Australia. This deal comes with options up to an incremental 900 days.
The Transocean Enabler semi-submersible rig obtained three fixtures with Equinor for a total of seven wells in Norway at a day rate of $455,000. An unnamed operator handed out a seven-well extension to the Transocean Encourage semi-submersible rig in Norway at a day rate of $416,000.
Woodside utilized a three-well option for the Transocean Endurance semi-submersible rig in Australia at a day rate of $419,000. The Transocean Equinox semi-submersible rig won a one-well option with an undisclosed company in Australia at a day rate of $540,000.