Transocean’s $123 million deepwater drillship will begin operations in the second quarter of 2026. (Source: Shutterstock)
Transocean’s Dhirubhai Deepwater KGI drillship has been contracted for six wells offshore India by Reliance Industries Ltd., Transocean announced Sept. 4.
The estimated 300-day program will begin in the second quarter of 2026 and is estimated to contribute approximately $123 million in backlog, excluding additional services and a mobilization fee.
The contract award also includes multiple options that if exercised, the rig will continue in India through the end of 2029.
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