Transocean has secured a new contract and extension for its Deepwater Mykonos and Transocean Enabler drilling rigs, respectively, amassing a firm backlog of approximately $168m (SFr132.89m).
The Mykonos rig has been awarded a contract by bp in Brazil, with execution set to commence in the third quarter of 2026.
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Estimated to last 302 days, the bp contract is expected to add around $120m to Transocean’s backlog, excluding further services, and mobilisation and demobilisation costs.
The Mykonos is an ultra-deep-water drill-ship built in South Korea by Samsung Heavy Industries in 2011.
The vessel measures 748ft (228m) in length with a beam of 137.8 ft and can accommodate up to 205 people.
It is designed and outfitted to drill in water depths up to 10,000ft with a maximum drilling depth of 35,000ft.
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By GlobalDataMain power is provided by six STX-MAN 16V32/40 diesel engines driving six ABB generators, and the vessel can reach transit speeds of up to 12 knots.
In Norway, the Enabler rig received an extension after three one-well options were exercised.
This additional 105 days of work will contribute around $48m to the backlog and continue the rig’s operations through September 2027.
Built by DSME, the Enabler is a harsh-environment semi-submersible rig that began service in 2016.
It can operate in water depths up to 500m and drill to maximum depths of 8,500m.
It is classified DNV GL + 1A1 Column Stabilised Drilling Unit and measures around 116m in length and 97m in width, with accommodation for 130 people.
It is powered by six Wartsila 12V32E engines driving Siemens AC generators, providing a total installed power of 37.8MW, and can travel at speeds of up to seven knots.
In a previous announcement in December 2025, Transocean confirmed a six-well contract for the Deepwater Skyros rig with an undisclosed operator in Australia.
This campaign is set to begin in early 2027 and add approximately $130m to Transocean’s backlog.
Transocean provides offshore contract drilling services for oil and gas wells globally. The company focuses on ultra-deep-water and harsh environment drilling services.
It operates a fleet of 27 mobile offshore drilling units including 20 ultra-deep-water floaters and seven harsh environment rigs.
In April 2025, the Transocean Equinox rig reached the Otway Basin, representing an important step in the planned Otway Exploration Drilling Programme.
