Transocean names newbuild jackups

February 19, 2013

Transocean celebrates two new jackups

Dancing, speech and gift giving and flying confetti were the order of the day at the formal naming ceremonies today for two newbuild High-Specification Jackups,Transocean Siam Driller and Transocean Andaman.

TransoceanTransocean

To the rhythm of the traditional lion dancers, Transocean, Chevron and Keppel Fels executives and lady sponsors joined Singapore and Thailand leaders in kicking off the pageantry. The naming ceremonies for the state-of-the-art jackup rigs were held at Keppel Fels' shipyard in Singapore.

Crewmembers of the rigs and project teams also joined in the morning celebrations with Transocean’s John Stobart, EVP and Chief Operating Officer; Terry Bonno, Senior VP, Marketing; Sanjaya Sood, VP, Asia Pacific Australasia Unit; Keelan Adamson, VP, Human Resources; Paul Tranter, VP, Asset Management; Larry McMahan, VP, Operations Performance; Kaustubh Dighe, Managing Director, Kuala Lumpur; and Transocean Ltd. Board Member Tan Ek Kia, just to name a few attendees.

Others included Dave Payne, Chevron’s VP, Drilling and Completions; Mr. Choo Chiau Beng, Chairman, and Mr. Tong Chong Heong, Chief Executive Officer, both of Keppel Marine & Offshore; Mr. Masagos Zulkifli, Singapore’s Senior Minister of State, Ministry of Home Affairs and Ministry of Foreign Affairs; His Excellency Mr. Marut Jitpatima, Ambassador of Thailand; and Ms. Phasaporn Sangasubana, Minster and Deputy Chief of Mission, Thailand Royal Embassy.

The ceremonies are the latest in a long history of offshore drilling milestones between Transocean and customer Chevron, as well as rig-builder Keppel Fels.

"This occasion also marks an important milestone in another very long relation with Chevron in the Gulf of Thailand," said John Stobart. "For decades, Transocean and its legacy companies have had the proud distinction of being partners as a primary provider of contract drilling services to Chevron Thailand and its precursors. Our pride comes of being chosen and then being chosen again to be a part of what has become well known in the industry as one of the most innovative and efficient continuous drilling campaigns in the history of the offshore industry."

Indeed, the two rigs and a sister unit under construction at the Keppel Fels shipyard, Transocean Ao Thai, are being readied for the highly demanding offshore drilling of Thailand, where some of the fastest wells in the world have been drilled in just a matter of days. The rigs have long-term contracts to work there for Chevron.

The three newbuild units are Super B-Class Bigfoot jackups, designed with larger spud cans, expanding their operational coverage to more places, especially in areas with predominately soft soil. A 1.5-million-pound drilling system and maximum combined cantilever load of 3,200 kips help drive drilling operations. In addition, the jackups have offline stand-building capability within their drilling system packages to allow simultaneous drilling and preparation of drill pipe.



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