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OFS - Transocean backlog slides with only $75MM in new contracts - October 2019



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Transocean added just $75 million of new work in the past three months, and total backlog fell to $10.8 billion from $11.4 billion in July. The new work total was down from the July report of $158 million, which was already the lowest in more than a year. The longest contract went to the harsh-environment semisubmersible Paul B. Loyd Jr., which was awarded an estimated 255-day contract in the UK North Sea by Hurricane......
 
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