Offshore drilling firm Transocean has secured a drilling contract for its Transocean Equinox offshore drilling rig.
Transocean said that the semi-submersible drilling rig had won a contract with a 'major operator' in Australia. Transocean did not say who the client was.
The contract for the 2015-built Transocean Equinox (ex-Songa Equinox) semi-submersible drilling rig is for five wells.
Transocean said the contract represented around $137 million in firm backlog, excluding full payment for mobilization and a demobilization fee. Transocean did not share details on the mobilization and demobilization fee amount. According to AIS, the rig is currently moored in Norway.
According to Transocean, the 300-day contract will start in the first quarter of 2024.
Transocean said the contract also provided for a one-well option, potentially keeping the harsh environment semi-submersible drilling rig in Australia through the first quarter of 2025.
The rig last worked for Equinor in Norway. It has been idle since October 2022.