Transocean awarded several new contracts and extensions

Offshore driller Transocean has revealed a series of new contracts and extensions in the company’s latest fleet status report.

2009-built semi-submersible rig Development Driller III has been awarded two contacts in Trinidad, a one-well contract extension with Shell and a new one-well contract with one-well option with BHP Billiton. The Shell contract is at $250,000 per day, while BHP is paying $220,000 per day.

In Norway, semi-submersible rig Transocean Norge has been awarded a one-well contract with Equinor at $294,000 per day, with commencement scheduled for April. Another semi-submersible, Transocean Barents, has been awarded a three-well contract with MOL Norge at $270,000 per day. Commencement is set for May.

Lastly, Chrysaor Production has extended the contract for 1990-built semi-submersible Paul B Loyd, Jr. for a period of 78 days. The rig is operating in the UK North Sea.

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.
Back to top button