Transocean wins $109m in new contracts, delays drillships at Jurong Shipyard

Transocean wins $109m in new contracts, delays drillships at Jurong Shipyard

Singapore: Transocean has revealed a series of new and changed contracts to the value of around $109m while issuing its monthly fleet statement.

The contracts includes a one year extension for jackup Transocean Andaman located offshore Thailand, a three month extension for drillship Deepwater Champion in the U.S. Gulf of Mexico, and a one well extension for jackup GSF Galaxy II in the UK sector of the North Sea.

A new 45 day contract has also been won for semi-submersible Sedco Express operating offshore Nigeria.

Transocean has also said that it has delayed the delivery of two drillship newsbuilds at Sembcorp Marine’s Jurong Shipyard in Singapore by 24 months. The two vessels are now expected to be delivered in the second quarter of 2019 and the first quarter of 2020.

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