Transocean secures multiple contracts and extensions

Transocean secures multiple contracts and extensions

Offshore driller Transocean has recently secured a series of new contracts and extensions according to the company’s latest fleet status report.

Transocean’s drillship Deepwater Asgard has been awarded a two-well contract by Deep Gulf Energy in the US Gulf of Mexico. Semi-submersible rig Development Driller III secured a two-well contract from an undisclosed client. Both the drillship and rig were previously idle.

In addition, Woodside Energy exercised two one-well options with drillship Dhirubhai Deepwater KG2 offshore Myanmar while BP exercised a one-well option with semi-sub Paul B. Loyd, Jr. in the UK North Sea.

Lastly, Aker BP exercised three one-well options with semi-sub Transocean Arctic in the Norwegian North Sea.

Transocean has also listed two midwater floaters Transocean Prospect and Transocean Searcher for sale. The rigs will be recycled in an environmentally responsible manner.

Transocean’s current contract backlog has reached $10.2bn.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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