Transocean finds work for two semisubs, scraps another three

Transocean finds work for two semisubs, scraps another three

Offshore driller Transocean has won a contract for semisubmersible Transocean Barents for work offshore Canada according to their latest fleet status report.

The rig, which is currently ready stacked at Averoya in Norway, will be working for Suncor Energy off Canada for a period of 15 months at a dayrate of $260,000 per day.

Another semisubmersible, the Sedco 712, has been awarded a one well contract with ConocoPhillips for work in the UK North Sea. The contract is expected to be completed by January and the rig will then go on to a 16 well contract for Fairfield Energy in the UK North Sea. The value of these contract was not revealed.

Meanwhile semisubmersibles Transocean Driller, Transocean Winner and Sedco 704 will all be scrapped, Transocean says in an environmentally responsible manner.

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