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Transocean reports massive order book

Rig operator Transocean has bagged large contracts in early 2020. The rig sector has received several positive news in recent months after a tough 2019.

Seadrills ordrebog er på 353 mio. dollar. Photo: PR/Transocean

Things are looking better for rig operator Transocean, which had a difficult 2019 with large deficits and impairments. But now the trend looks to have changed.

At any rate, this is the case when looking at the company's order book. On Wednesday, Transocean revealed that the company has an order book of USD 353 million. This includes five new orders as well as extensions for five existing contracts.

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