WASHINGTON (dpa-AFX) - Transocean Ltd. (RIG), a Swiss provider of offshore
contract drilling services for oil and gas wells, announced Tuesday a minimum
540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian
Black Sea. The contract rate is $465,000 per day, excluding additional services.

For each day over 540 days, including the two option periods, the operating
dayrate will be $480,000.

The program is expected to commence in the first quarter of 2025 and is
estimated to contribute around $251 million in backlog, excluding full
compensation for mobilization and a demobilization fee.



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