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Petrobras exercised preexisting fixed-price options to extend contracts for Transocean's ultra-deepwater drillships Deepwater Corcovado (680 days) and Deepwater Mykonos (815 days). The extensions add approximately $297 million to Transocean's backlog.
“Together these contract extensions add approximately $297 million to Transocean’s industry leading backlog.”rigzone.com
Summarized from public sources; check the original articles before acting on it.