Deepwater Millenium News

 

Transocean Wins Firm Contract for 8th Gen Ultra-deepwater Drillship

Aug 26, 2021

Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million…

Transocean Reels In Two Deepwater Drillship Deals in Gulf of Mexico

Jul 29, 2021

Offshore drilling firm Transocean said Wednesday it had secured contracts for two offshore drilling rigs in the Gulf of Mexico. The contracts are worth $55.5 million in total.Transocean said that its Deepwater Conqueror drillship had won a one-well contract with 'a major operator' in the U…

Transocean, Jurong Shipyard Agree Delivery, Payment Delays for 8th Gen Drillship Duo

Jun 07, 2021

Offshore drilling company Transocean has reached a deal with Singapore-based Jurong Shipyard - a Sembcorp Marine subsidiary - to delay the delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan, originally ordered in 2014…

Petrobras Extends Charters for Transocean Drillship Duo

Nov 19, 2020

Offshore drilling contractor Transocean has secured contract extensions for two of its 2011-built drillships with Brazil's national oil company Petrobras.Transocean said Wednesday that Petrobras had exercised a 680-day option for the Deepwater Corcovado drillship…

India: Reliance Extends Transocean's Drillship Term

Oct 15, 2020

Offshore drilling contractor Transocean has won a contract extension for its Dhirubhai Deepwater KG1 drillship in India.On Wednesday, Transocean said that its client Reliance had exercised a contract extension option that should see the ultra…

Akastor Assumes Full Control over DOF Deepwater and Its 5 Vessels

Aug 28, 2020

Norwegian oil services investment firm Akastor will take full ownership of DOF Deepwater, a joint venture with company DOF, as part of the debt restructuring agreement with the JV's lenders.  DOF Deepwater operates five mid-sized AHTS vesselsAs…

Transocean's 20k PSI Newbuild Drillships to Cost $2,25B

Jul 31, 2020

Offshore drilling company Transocean expects its two ultra-deepwater drillships under construction in Singapore to cost it $2,25 billion in total, more than a double on the original order price.Transocean first ordered the drillships - now named…

LLOG Charters Transocean Rig for Shenandoah Drilling

Jul 03, 2020

U.S. oil company LLOG has chartered a Transocean drilling rig for the drilling of wells at the Shenandoah project in the Gulf of Mexico.The news was announced on Thursday by Navitas, LLOG's partner in the project (PDF in Hebrew), who said the contract was for four development wells…

Transocean Drilling Revenues up at $792M

Feb 18, 2020

Transocean, the world's largest offshore drilling contractor, said that its total contract drilling revenues were $792 million (total adjusted contract drilling revenues of $839 million), compared with $784 million in the third quarter of 2019…

Transocean Nabs New Deals and Extensions for 8 Rigs

Jan 08, 2020

Offshore drilling giant Transocean has managed to secure new contracts and extensions for eight offshore drilling rigs since its last rig fleet status report issued in October 2019.'Since its last Fleet Status Report issued in October 2019, the company has secured an additional $352…

Fugro Completes Deepwater AUV Survey for BSP

Dec 06, 2019

Fugro reports it has completed the first deepwater autonomous underwater vehicle (AUV) site survey for Brunei Shell Petroleum Company Sdn Bhd (BSP).The survey was performed in August in water depths of 600 m using the Fugro Equator, a dedicated geophysical survey vessel…

Chevron Buys Into Three Blocks in Mexico

Oct 07, 2019

U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.The deal…

INTECSEA Wins MJ Field Contract from RIL

Aug 19, 2019

Worley subsidiary INTECSEA has been awarded a project management consultancy (PMC) contract by Reliance Industries Ltd (RIL) for the MJ Field deepwater gas and condensate project offshore India.Under the contract, INTECSEA will provide PMC services…

Pemex Quietly Pursues Deepwater Project

Jul 03, 2019

Mexican state oil company Pemex is pursuing a risky Gulf of Mexico deepwater project despite vowing as recently as two weeks ago it would focus its limited resources elsewhere, according to a filing with the country's oil regulator.Pemex sought…

Shell to Invest up to $2.4 Bln in Mexican Deepwater

Jun 14, 2019

Mexico's oil regulator on Thursday approved exploration plans for four deepwater areas operated by Royal Dutch Shell, after it gave the green light to five others earlier this week, committing the oil major to invest at least $791 million.The…

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