Transocean Wins Contract in Trinidad and Tobago

File photo: Development Driller III (US Coast Guard photo by Matthew Belson)
File photo: Development Driller III (US Coast Guard photo by Matthew Belson)

Offshore driller Transocean announced Thursday that the semisubmersible Development Driller III has been awarded a one year contract off the coast of Trinidad and Tobago.

The contract is expected to commence in the second quarter 2020 and will contribute approximately $91 million dollars of contract backlog, excluding mobilization reimbursement, the company said.

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