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Transocean lands contracts for USD 109 million

Following a large-scale round of layoffs, the world's largest rig company, Transocean, can now announce some good news instead as the company has won orders for a total USD 109 million.

Photo: GDFSuez

Swiss-based Transocean has within the past month extended orders and won new orders to its rigs for USD 109 million in total, according to a fleet update published by the company.

The company has also had to idle a drilling vessel. The new order figure is published just a week after Transocean announced layoffs of 250 employees in the company's Norwegian division.

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