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Transocean picks up extensions for drillship pair

Offshore drilling giant Transocean has secured more work for its drillships in the US Gulf of Mexico and Angola.

The New York-listed contractor revealed in its latest fleet status report that an undisclosed client in the US Gulf had extended the contract for the Deepwater Invictus into July this year.

The 2014-built drillship was fixed to the same client for 40 days in January at $440,000 per day. Dayrates for the most recent extension were not disclosed.

The rig has another three-year campaign lined up in Mexico, starting in November 2025 at $480,000 per day.

Meanwhile, in Angola, TotalEnergies called its option on the drillship Deepwater Skyros to keep the rig until December 2025 at $400,000 per day. The 2013-built rig is currently fixed at $310,000 per day until February 2025, when the first extension at an improved dayrate should kick in.

Swiss-based Transocean owns, has stakes in or operates 28 ultra-deepwater drillships and eight harsh environment semisubs that have generated a backlog of approximately $8.9bn. One more drillship is under construction and booked by Petrobras.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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