Offshore driller Transocean has been awarded a contract by ConocoPhillips for a campaign in the UK North Sea utilising semisubmersible rig Transocean 712 .
The 13-well contract commences in March 2019 and is expected to have a duration of around 580 days.
Transocean says the contract value is around $75m, and includes an additional one-well option.