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Topic: equinor

An offshore oil drilling rig at sea
New Markets
Wednesday, 7/1, 01:43 AM

Transocean Wins Over $1 Billion in Offshore Rigs From Equinor

  • Transocean, the biggest offshore-drilling contractor, has landed a deal to supply three harsh-environment rigs to Norway's Equinor — adding more than $1 billion to its future revenue.
  • The contract, at a day rate near $400,000, is fresh evidence that offshore drilling has swung from bust to boom.

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