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An update from Transocean (RIG) is now available.
Transocean Ltd. has secured a contract from Reliance Industries Limited for its Dhirubhai Deepwater KG1 rig to drill six wells offshore India, with operations starting in the second quarter of 2026. The 300-day project is set to bring in around $123 million, not counting extra services and a mobilization fee. The deal includes extendable options that could keep the rig employed in India until the end of 2029.
For an in-depth examination of RIG stock, go to TipRanks’ Stock Analysis page.