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Transocean Reports Fleet Status and Announces $1 Billion Equinor Agreement

Transocean logoTransocean
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Equinor logoEquinor
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Transocean’s quarterly Fleet Status Report says the Equinor agreement totals about $1.0 billion, with total backlog around $6.7 billion as of Aug. 5, 2026. The report outlines current activity and contractual status of its offshore drilling rigs and notes that results may vary with drilling activity, hazards, international risks, prices, and other factors, including a proposed Valaris combination.

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