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Transocean Ltd. says it won contracts worth about $550 million for two drillships in the Gulf.

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Transocean won contracts that add about $550 million in firm work for 2 drillships. The campaigns start in 2027, so the added work does not begin immediately.

RIG · Transocean Ltd.

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The awards give Transocean more contracted work to carry into future years. The main limit is timing: the campaigns begin in 2027, so they do not add work immediately.

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