On Jan. 05, 2026, Transocean Ltd. (“Transocean”) announced a contract award and an extension, respectively, for two of its drilling rigs. Together, the fixtures represent approximately $168 million of firm backlog.
In Brazil, the Deepwater Mykonos was awarded a contract with bp. The estimated 302-day campaign is expected to begin in the third quarter of 2026 and contribute approximately $120 million in backlog, excluding additional services and compensation for mobilization and demobilization.
In Norway, three one-well options have been exercised for the Transocean Enabler. The incremental 105 days of work, which is in direct continuation of the rig’s current activity, is expected to contribute approximately $48 million in backlog and commits the Enabler through September 2027.
According to available information, the “Deepwater Mykonos” is an ultra-deepwater drilling vessel built and delivered by Samsung Heavy Industries in 2011. It is 228 meters long, 42 meters wide, has a maximum operating water depth of 10,000 feet, a maximum drilling depth of 35,000 feet, and a crew of 205. It adopts the Enhanced Samsung 10000 design and is equipped with a large moon pool (25.6 meters × 12.48 meters), making it suitable for ultra-deepwater operations and harsh sea conditions.
The “Transocean Enabler”, Transocean’s sixth-generation semi-submersible drilling platform designed for harsh environments, is specifically designed for operations in frigid and complex waters such as the Norwegian continental shelf, boasting high-specification operational capabilities and safety performance. Built and delivered in 2016 by Daewoo Shipbuilding & Marine Engineering (now Hanwha Ocean), the platform is approximately 116 meters long, 97 meters wide, has a maximum operating water depth of 500 meters, a maximum drilling depth of 8,500 meters, and can accommodate a crew of 130.