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Stock impact report

Transocean's (RIG) Asgard Secures $188M Deal Extension [Yahoo! Finance]

Transocean Ltd (Switzerland) (RIG) 
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.deepwater.com
Company Research Source: Yahoo! Finance
Hess Corporation HES, a U.S. oil and gas exploration and production company. This extension, valued at $188 million, ensures the drillship will continue its operations in the U.S. Gulf of Mexico for another year. The contract is expected to begin immediately following the conclusion of the rig's current program. Overview of Deepwater Asgard Specifications and Capabilities: The Deepwater Asgard is an ultra-deepwater drillship built in 2014, designed with the DSME 12000 specifications. This state-of-the-art vessel boasts an impressive maximum drilling depth of 40,000 feet and can operate in water depths up to 12,000 feet. The rig is equipped to accommodate up to 200 personnel, which makes it a formidable asset in deepwater drilling operations. Previous Contracts and Performance: In April 2024, RIG also secured another contract extension with HES for the Deepwater Asgard, valued at $195 million. This consistent demand highlights the rig's reliability and the strategic importance of Show less Read more
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