bp PLC has let a 365-day contract to Transocean Ltd. for the Deepwater Atlas deepwater drillship for work in the US Gulf of Mexico. The contract also provides for a 365-day option.
The program is expected to begin in second-quarter 2028 and contribute about $232 million in backlog, excluding a mobilization fee, Transocean said in a release Sept. 10.
There are no additional services provided under the contract.