Transocean scores new contracts in Canada, Egypt and Gulf of Mexico

Transocean scores new contracts in Canada, Egypt and Gulf of Mexico

Offshore driller Transocean has revealed three new contract awards and a pair of extensions for the last quarter in its latest fleet status report.

In Canada, 2009-built semi-submersible rig Transocean Barents has been awarded a three-well contract, with three one-well options, by Equinor.

In Egypt, 2010-built drillship Discoverer India has been awarded a 120-day contract with Burullus, in a deal which includes an additional six one-well options.

Lastly in the US Gulf of Mexico, 2014-built drillship Deepwater Asgard has been awarded a two-well contract by Murphy Oil Corporation at a rate of $185,000 per day.

Transocean also had a two-well option exercised for semi-submersible Leiv Eriksson in the North Sea, and a one-year option exercised for drillship Dhirubhai Deepwater KG1, operating off India with Reliance.

Transocean says that its quarterly activities added around $158m in contract backlog.

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.

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