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Transocean wins $300 million ONGC contract for ultra-deepwater drillship Dhirubhai Deepwater KG2

PUBT·08/20/2026 10:15:04
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Transocean wins $300 million ONGC contract for ultra-deepwater drillship Dhirubhai Deepwater KG2
  • Transocean won a two-year binding Letter of Award from ONGC for the Dhirubhai Deepwater KG2 drillship in India.
  • Work is expected to start in Q1 2027.
  • Contract value is about $300 million, including additional services and mobilization fees.
  • Two years of priced options could extend the job into early 2031.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transocean Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608200614PRIMZONEFULLFEED9813422) on August 20, 2026, and is solely responsible for the information contained therein.