Transocean drilling rigs win new contracts, another scrapped

NYSE-listed drillship owner Transocean has secured new contracts from unnamed clients for three of its drilling rigs, and plans to scrap another.

The company’s midwater semi-submersible drilling rig Actinia has been awarded a three-year contract in offshore India. The contract was fixed at a dayrate of $101,000, which Transocean estimates will give a contract backlog of $111m.

Deepwater Invictus, an ultra-deepwater semi-sub drilling rig, has won a two-well contract in offshore Trinidad at a dayrate of $350,000. The deal’s value is estimated at $28m for the duration of the contract.

Meanwhile, Transocean says its midwater semi-sub drilling rig Transocean John Shaw “will be recycled in an environmentally responsible manner” but gave no details as to the scrapping deal. On April 19, the rig departed Invergordon in Scotland under tow for Aliaga, Turkey, reports say.

Transocean’s ultra-deepwater drillship Dhirubhai Deepwater KG2 has also been awarded a six-month contract, but the drilling location and dayrate were not disclosed. AIS data shows the vessel is currently anchored off Visakhapatnam on India’s east coast.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.
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