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Add as a preferred source on GoogleTransocean Receives Final Approval for $1 Billion Equinor Deal, Adds Shell Contract
A separate $62 million Shell agreement expands Transocean’s contracted work in the North Sea.
Transocean (RIG) received final approval for its previously announced $1 billion Equinor (EQNR) contract and secured $62 million of North Sea work through a separate Shell (SHEL) contract, expanding its contracted revenue pipeline in the region.
The Equinor agreement completes the approval process for the previously announced contract. The separate Shell agreement adds $62 million in new contracted work.
Together, the contracts increase the value of work secured by Transocean in the North Sea. The announcements were made Monday, Oct. 12, 2026.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.