Transocean Ltd.
Transocean Corrects Backlog and Fleet Status Report
Summary
Transocean Ltd. corrected its backlog and fleet status information reported on July 24, 2024. The corrected backlog is approximately $8.641 billion. Several fleet status details, including dayrates and estimated start dates, were also updated. The corrected Fleet Status Report is furnished as Exhibit 99.1 to this 8-K/A filing.
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About Transocean Ltd.
Transocean Ltd. is a leading offshore drilling contractor known for providing services in the exploration and production of oil and natural gas. Its primary function is to offer extensive deepwater and ultra-deepwater drilling capabilities to major oil companies worldwide. Operating one of the most advanced fleets in the industry, Transocean owns and manages a range of drilling rigs, with capabilities to work in harsh environmental conditions and at extreme water depths, showcasing its technological prowess. The company significantly impacts the energy sector, supporting the search for hydrocarbon resources in offshore locations globally. Headquartered in Switzerland, Transocean is a pivotal player in satisfying the global demand for fossil fuels, influencing energy supply chains and economic activities linked to oil markets. Its advanced technological solutions cater to an industry where safety, efficiency, and environmental considerations are paramount, thereby securing its position as a crucial partner for global energy companies.
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