Transocean Ltd. (NYSE: RIG) issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

UPDATES

This quarter’s report includes the following updates:

• Transocean Barents – Awarded a 1,095-day contract with Vår Energi ASA in Norway.

• Deepwater Orion – Awarded a 1,095-day contract extension with Petrobras in Brazil.

• Deepwater Aquila – Awarded a 365-day contract extension with Petrobras in Brazil.

• Deepwater Corcovado – Awarded a 1,156-day contract extension with Petrobras in Brazil.

• Deepwater Asgard – Awarded a five-well contract in the Eastern Mediterranean Sea.

The aggregate incremental backlog associated with these fixtures is approximately $1.6 billion. As of May 4, 2026, the company’s total backlog is approximately $7.1 billion.

The report can be accessed on the company’s website: deepwater.com.

Transocean Ltd.press release