The Golden Triangle refers to operations in the Gulf of Mexico, off the Atlantic coast of Latin America, particularly in Guyana and Brazil, and off the coast of West Africa, particularly in Angola, Ghana, and Nigeria.
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Global deepwater oil drilling capex breakdown 2024-2029, by region
The Golden Triangle, including offshore operations in the Gulf of Mexico, Guyana, Brazil, and Nigeria, is expected to account for ** percent of total deepwater investments between 2024 and 2029. The total capital expenditure during that time is forecast to amount to *** billion nominal U.S. dollars, making Golden Triangle operations worth some *** billion nominal U.S. dollars.
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Transocean. (June 16, 2025). Distribution of capital expenditure in deepwater oil drilling worldwide between 2024 and 2029, by region [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1621497/deepwater-oil-investment-share-by-region/
Transocean. "Distribution of capital expenditure in deepwater oil drilling worldwide between 2024 and 2029, by region." Chart. June 16, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1621497/deepwater-oil-investment-share-by-region/
Transocean. (2025). Distribution of capital expenditure in deepwater oil drilling worldwide between 2024 and 2029, by region. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1621497/deepwater-oil-investment-share-by-region/
Transocean. "Distribution of Capital Expenditure in Deepwater Oil Drilling Worldwide between 2024 and 2029, by Region." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 16 Jun 2025, /statistics/1621497/deepwater-oil-investment-share-by-region/
Transocean, Distribution of capital expenditure in deepwater oil drilling worldwide between 2024 and 2029, by region ÌÇÐÄÆƽâ°æ, /statistics/1621497/deepwater-oil-investment-share-by-region/ (last visited August 01, 2026)
Distribution of capital expenditure in deepwater oil drilling worldwide between 2024 and 2029, by region [Graph], Transocean, June 16, 2025. [Online]. Available: /statistics/1621497/deepwater-oil-investment-share-by-region/
