Transocean wins drillship contracts worth $55m

Offshore driller Transocean has been awarded two contracts in the US Gulf of Mexico worth a total of $55.5m.

Deepwater Conqueror has been given a one-well contract with a major operator, for a period of around 85 days and worth $28.5m.

Deepwater Asgard was also awarded a one-well contract, for a period of around 90 days and worth $27m. The contract includes $40,000 per day for managed pressure drilling services.

Both contracts are scheduled to commence in the first quarter of 2022.

Last week, Transocean reported several new contracts and extensions taking the company’s total backlog to approximately $7.3bn.

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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