Transocean has won a two-year contract with Husky Oil Operations.
The deal, which is estimated to top $200million, includes a dayrate of $275,000 for the harsh-environment semisubmersible, Henry Goodrich.
Transocean’s current contract backlog is approximately $16.8billion.
Earlier this month, Transocean booked the lowest recorded tariff in Norway since oil began to tumble last year.
At the time, Janne Kvernland, an analyst at Nordea Markets, said: “It’s a clear sign of desperation and how bad it’s become.”