Transocean Ltd. Secures $111 Million Contract Extension With Reliance Industries for Dhirubhai Deepwater KG1 Project in India
Transocean Ltd. Secures $111 Million Contract Extension With Reliance Industries for Dhirubhai Deepwater KG1 Project in India
The estimated duration of the program is approximately 270 days.Transocean exercised a four-well option with Reliance Industries, adding $111 million to backlog, starting a 270-day program.
Transocean与Reliance Industries行使了一项四口井的选择权，增加了11100万的待处理订单，开始为期270天的项目。
Quiver AI Summary
Quiver AI 概要
Transocean Ltd. has announced the exercise of a four-well option with Reliance Industries Limited for the Dhirubhai Deepwater KG1 in India, which is set to commence following the current program and is estimated to last 270 days, contributing roughly $111 million to the company's backlog. Transocean specializes in offshore contract drilling services, particularly in ultra-deepwater and harsh environments. The company operates a fleet of 34 mobile offshore drilling units, making it a leader in the industry. The announcement also includes forward-looking statements that highlight the risks and uncertainties associated with future performance, advising investors to rely on their own evaluations concerning the company's securities.
Transocean Ltd.已宣布与Reliance Industries Limited在印度的Dhirubhai Deepwater KG1行使四口井的选择权，该项目预计将在当前项目结束后开始，为期270天，预计将为公司的待处理订单贡献约11100万。Transocean专注于海上合同钻探服务，特别是在超深水和恶劣环境中。公司拥有34艘移动海上钻井设备，是行业的领导者。公告还包括前瞻性的声明，强调与未来业绩相关的风险和不确定性，建议投资者依赖自己的评估来判断公司的证券。
Potential Positives
潜在的积极因素
- Transocean exercised a four-well option with Reliance Industries Limited, indicating strong customer demand and a positive business relationship.
- The contract is expected to contribute approximately $111 million in backlog, enhancing the company's financial stability.
- The 270-day program demonstrates Transocean's operational capacity and commitment to long-term projects in the offshore drilling sector.
- Transocean与Reliance Industries Limited行使了一项四口井的选择权，表明了强劲的客户需求和良好的业务关系。
- 合同预计将为约11100万的待处理订单做出贡献，增强公司的财务稳定性。
- 270天的项目展示了Transocean的运营能力和对海上钻探板块长期项目的承诺。
Potential Negatives
潜在负面因素
- The reliance on forward-looking statements may raise concerns among investors regarding the unpredictability of the company's future performance and the associated risks.
- The potential for contract delays and fluctuating oil prices introduces uncertainty that could negatively impact financial projections and operational stability.
- The disclaimer that investors should rely on their own evaluations and not unduly rely on the press release may signal a lack of confidence in providing concrete future expectations.
- 对前瞻性声明的依赖可能会引起投资者对公司未来业绩不可预测性及相关风险的担忧。
- 合同延迟和波动的油价可能会引入不确定性，进而对财务预测和运营稳定性产生负面影响。
- 声明指出投资者应依赖于自己的评估，而不应过度依赖新闻稿，这可能传达出对提供具体未来预期的信心不足。
FAQ
常见问题
What recent contract has Transocean Ltd. announced?
Transocean Ltd. 最近宣布了什么合同？
Transocean announced the exercise of a four-well option with Reliance Industries Limited in India for the Dhirubhai Deepwater KG1.
Transocean宣布与印度的Reliance Industries Limited行使四口井的选择权，以针对Dhirubhai Deepwater KG1。
What is the estimated duration of the Dhirubhai Deepwater KG1 program?
Dhirubhai Deepwater KG1项目的预计持续时间是多长？
The estimated duration of the program is approximately 270 days.
该项目的预计持续时间约为270天。
How much backlog is expected from this new contract?
这个新合同预计会产生多少积压？
The new contract is expected to contribute approximately $111 million in backlog, excluding additional services.
这个新合同预计会贡献大约11100万的积压，不包括额外服务。
What does Transocean specialize in?
Transocean专注于什么领域？
Transocean specializes in offshore contract drilling services for oil and gas wells, focusing on ultra-deepwater and harsh environment drilling.
Transocean专注于海上钻井合同服务，主要为石油和天然气井提供服务，专注于超深水和恶劣环境钻井。
How many offshore drilling units does Transocean operate?
Transocean运营多少个海上钻井单元？
Transocean operates a fleet of 34 mobile offshore drilling units, including 26 ultra-deepwater floaters and 8 harsh environment floaters.
Transocean运营34个移动海上钻井单元，包括26个超深水浮式钻井平台和8个恶劣环境浮式钻井平台。
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
免责声明：这是由GlobeNewswire分发的新闻稿的人工智能生成摘要。用于总结这份稿件的模型可能会出错。请在这里查看完整发布。
$RIG Insider Trading Activity
$RIG内部交易活动
$RIG insiders have traded $RIG stock on the open market 9 times in the past 6 months. Of those trades, 6 have been purchases and 3 have been sales.
$RIG内部人士在过去6个月内在公开市场上进行了9次$RIG股票交易。在这些交易中，有6次是买入和3次是卖出。
Here's a breakdown of recent trading of $RIG stock by insiders over the last 6 months:
以下是过去6个月内$RIG股票内部人士交易的详细情况：
- RODERICK JAMES MACKENZIE (EVP, Chief Commercial Officer) has traded it 3 times. They made 0 purchases and 3 sales, selling 79,261 shares.
- PERESTROIKA has traded it 2 times. They made 2 purchases, buying 3,500,000 shares and 0 sales.
- (CYPRUS) LTD PERESTROIKA has traded it 2 times. They made 2 purchases, buying 3,500,000 shares and 0 sales.
- FREDERIK WILHELM MOHN has traded it 2 times. They made 2 purchases, buying 3,500,000 shares and 0 sales.
- RODERICk JAMES MACKENZIE（执行副总裁，首席商业官）进行了3次交易。他们没有进行任何买入，进行了3次卖出，卖出79,261股。
- PERESTROIKA进行了2次交易。他们进行了2次买入，购买了3,500,000股，没有卖出。
- (塞浦路斯) LTD PERESTROIKA进行了2次交易。他们进行了2次买入，购买了3,500,000股，没有卖出。
- FREDERIk WILHELm MOHN进行了2次交易。他们进行了2次买入，购买了3,500,000股，没有卖出。
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
要跟踪内部交易，请查看Quiver Quantitative的内部交易特斯拉-仪表。
$RIG Hedge Fund Activity
$RIG对冲基金活动
We have seen 183 institutional investors add shares of $RIG stock to their portfolio, and 222 decrease their positions in their most recent quarter.
我们看到183家机构投资者在其投资组合中增加了$RIG股票的股份，222家在最近一个季度减少了其持仓。
Here are some of the largest recent moves:
以下是最近的一些重大变动：
- PILGRIM GLOBAL ADVISORS LLC added 18,229,024 shares (+inf%) to their portfolio in Q3 2024
- SLATE PATH CAPITAL LP removed 8,983,995 shares (-29.0%) from their portfolio in Q3 2024
- NEUBERGER BERMAN GROUP LLC removed 6,475,414 shares (-52.0%) from their portfolio in Q3 2024
- BLACKROCK, INC. added 5,653,309 shares (+8.7%) to their portfolio in Q3 2024
- MORGAN STANLEY removed 5,377,654 shares (-22.7%) from their portfolio in Q3 2024
- BANK OF NEW YORK MELLON CORP removed 5,084,917 shares (-30.2%) from their portfolio in Q3 2024
- VANGUARD GROUP INC added 4,757,078 shares (+6.5%) to their portfolio in Q3 2024
- PILGRIm GLOBAL ADVISORS LLC在2024年第三季度新增了18,229,024股 (+inf%)。
- SLATE PATH CAPITAL LP在2024年第三季度移除8,983,995股 (-29.0%)。
- NEUBERGER BERMAN GROUP LLC在2024年第三季度移除6,475,414股 (-52.0%)。
- 贝莱德公司在2024年第三季度新增了5,653,309股 (+8.7%)。
- 摩根士丹利在2024年第三季度移除5,377,654股 (-22.7%)。
- 纽约梅隆银行公司在2024年第三季度移除5,084,917股 (-30.2%)。
- 先锋集团在2024年第三季度向其投资组合新增了4,757,078股(+6.5%)
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
要跟踪对冲基金的股票投资组合，请查看Quiver Quantitative的机构持有情况仪表。
Full Release
完整发布
STEINHAUSEN, Switzerland, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) ("Transocean") today announced that a four-well option was exercised for the
Dhirubhai Deepwater KG1
with Reliance Industries Limited in India. The estimated 270-day program is expected to commence in direct continuation of the rig's firm term with Reliance and contribute approximately $111 million in backlog, excluding additional services.
瑞士施泰因豪森，2024年12月17日（GLOBE NEWSWIRE）-- Transocean有限公司（纽交所：RIG）（"Transocean"）今天宣布已行使一个四口井的选项，
迪鲁巴伊深水KG1
与在印度的Reliance Industries Limited合作。预计270天的计划将直接在钻井平台与Reliance的固有合约之后开始，并贡献约11100万美元的积压订单，不包括额外服务。
About Transocean
关于transocean
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services and operates the highest specification floating offshore drilling fleet in the world.
Transocean是全球领先的海上合同钻探服务提供商，专注于石油和燃料币井。该公司专注于全球海上钻探业务中技术要求较高的领域，特别是超深水和恶劣环境钻探服务，并运营着世界最高规格的浮动海上钻探船队。
Transocean owns or has partial ownership interests in and operates a fleet of 34 mobile offshore drilling units, consisting of 26 ultra-deepwater floaters and eight harsh environment floaters.
Transocean拥有或部分拥有并运营着34个移动式近海钻井装置，其中包括26个超深水平台和8个恶劣环境平台。
Forward-Looking Statements
前瞻性声明
The statements described herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements could contain words such as "possible," "intend," "will," "if," "expect," or other similar expressions. Forward-looking statements are based on management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are beyond our control, and in many cases, cannot be predicted. As a result, actual results could differ materially from those indicated by these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned shipyard projects and other out-of-service time, sales of drilling units, the cost and timing of mobilizations and reactivations, operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the fluctuation of current and future prices of oil and gas, the global and regional supply and demand for oil and gas, the intention to scrap certain drilling rigs, the effects of the spread of and mitigation efforts by governments, businesses and individuals related to contagious illnesses, and other factors, including those and other risks discussed in the company's most recent Annual Report on Form 10-K for the year ended December 31, 2023, and in the company's other filings with the SEC, which are available free of charge on the SEC's website at:
www.sec.gov
. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. We expressly disclaim any obligations or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or beliefs with regard to the statement or any change in events, conditions or circumstances on which any forward-looking statement is based, except as required by law. All non-GAAP financial measure reconciliations to the most comparative GAAP measure are displayed in quantitative schedules on the company's website at:
.
The statements described herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements could contain words such as "possible," "intend," "will," "if," "expect," or other similar expressions. Forward-looking statements are based on management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are beyond our control, and in many cases, cannot be predicted. As a result, actual results could differ materially from those indicated by these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned shipyard projects and other out-of-service time, sales of drilling units, the cost and timing of mobilizations and reactivations, operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the fluctuation of current and future prices of oil and gas, the global and regional supply and demand for oil and gas, the intention to scrap certain drilling rigs, the effects of the spread of and mitigation efforts by governments, businesses and individuals related to contagious illnesses, and other factors, including those and other risks discussed in the company's most recent Annual Report on Form 10-k for the year ended December 31, 2023, and in the company's other filings with the SEC, which are available free of charge on the SEC's website at:
www.sec.gov
. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. We expressly disclaim any obligations or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or beliefs with regard to the statement or any change in events, conditions or circumstances on which any forward-looking statement is based, except as required by law. All non-GAAP financial measure reconciliations to the most comparative GAAP measure are displayed in quantitative schedules on the company's website at:
.
This press release, or referenced documents, do not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and do not constitute an offering prospectus within the meaning of the Swiss Financial Services Act ("FinSA") or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of Transocean and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean.
本新闻稿或引用的文件不构成出售任何证券的要约，也不构成购买要约的邀请，不构成瑞士金融服务法（"FinSA"）意义上的发行招股说明书或FinSA意义上的广告。 投资者必须依赖自己对Transocean及其证券的评估，包括涉及的优点和风险。 本文所含内容不构成对Transocean未来表现的承诺或陈述。
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分析师联系方式：
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Pam Easton
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艾莉森·约翰逊
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