Transocean secures three new contracts

Transocean secures three new contracts

Offshore drilling rig operator Transocean has clinched new contracts for a drillship and two semi-submersible rigs.

The 1990-built drilling rig Paul B. Loyd. Jr has been awarded a 255 day contract by Hurricane Energy in the UK North Sea, commencing from April 2020.

The 2000-built drilling rig Deepwater Nautilus was awarded a 45 day contract in Brunei by Shell starting from January 2020.

Additionally, Burullus exercised a one-well option with drillship Discoverer India in Egypt, extending the contract to April 2020.

The new contracts have added $75m in backlog, bringing the company’s total backlog to $10.8bn.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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