Reliance awards Transocean long-term drilling contract offshore India
Transocean will provide a deepwater drillship to drill six wells for Reliance Industries offshore eastern India.
The Dhirubhai Deepwater KG1 should start the estimated 300-day program in 2Q 2026. The contract value is around $123 million, excluding additional services and a mobilization fee.
If all options are exercised, the vessel would remain in India through the end of 2029.