New York-listed Transocean Ltd. has announced a contract award and an extension, respectively, for two of its drilling rigs. Together, the fixtures represent approximately $168m of firm backlog.

In Brazil, the Deepwater Mykonos was awarded a contract with bp. The estimated 302-day campaign is expected to begin in the third quarter of 2026, the company said, and contribute approximately $120m in backlog, excluding additional services and compensation for mobilization and demobilization.

In Norway, three one-well options have been exercised for the Transocean Enabler. The incremental 105 days of work, which is in direct continuation of the rig’s current activity, is expected to contribute approximately $48m in backlog and commits the Enabler through September 2027.

Transocean owns or has partial ownership interests in and operates a fleet of 27 mobile offshore drilling units, consisting of 20 ultra-deepwater floaters and seven harsh environment floaters.