Transocean awarded $297m worth of drillship extensions by Petrobras

Offshore driller Transocean has announced that Brazil’s Petrobras has taken extension options on two of its drillships worth around $297m.

Petrobras has exercised a 680-day option for 2011-built drillship Deepwater Corcovado and a 815-day option for another 2011-built drillship, Deepwater Mykonos.

Both of the vessels, which were part of the Ocean Rig fleet acquired by Transocean in 2018, will continue to operate in Brazil and are subject to annual indexed dayrate escalations.

Transocean owns a fleet of 27 drillship and 11 semi-submersible rigs, with another two drillship currently under construction.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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