Transocean drillship extended by Petrobras

Transocean drillship extended by Petrobras

Offshore driller Transocean has been awarded a 790-day contract extension by Brazil’s Petrobras for 2009-built ultra-deepwater drillship Petrobras 10000.

The drillship will continue operating offshore Brazil with Petrobras until October 2021.

The extension is valued at around $185m, and Transocean will receive an additional royalty worth around $16m for the use of its patented dual-activity technology on the drillship.

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.

Related Posts