# Transocean wins Petrobras contract extensions for two drillships

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.

- Type: Contract
- Announced: 2020-11-19
- Where: Brazil, Brazil
- Value: $297.0M
- Status: announced
- Products: ultra-deepwater drilling services

## Companies

- [Transocean](https://endata.com/companies/762.md) (supplier)
- [Petrobras](https://endata.com/companies/2820.md) (customer)

## Sources

- [rigzone.com](https://www.rigzone.com/news/transocean_wins_petrobras_contract_extensions-19-nov-2020-163900-article/), 2020-11-19: "Together these contract extensions add approximately $297 million to Transocean’s industry leading backlog."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.