Transocean Inks $251m Semisub Contract

Transocean Barents (File photo: Transocean)
Transocean Barents (File photo: Transocean)

Offshore drilling contractor Transocean on Tuesday announced its harsh environment semisubmersible drilling rig Transocean Barents has secured a contract from Romanian integrated oil company OMV Petrom in the Romanian Black Sea.

Expected to commence in the first quarter of 2025, the program is for a minimum of 540 days at a rate of $465,000 per day, excluding additional services, Transocean said. For each day over 540 days, including the two option periods, the operating dayrate will be $480,000.

The company said it estimates the contract will contribute approximately $251 million to its backlog, excluding full compensation for mobilization and a demobilization fee. 

Transocean Barents is a Aker H-6e Semi-submersible built by Aker Kvaerner Stord.

Current News

RWE and NBIM Complete Offshore Wind Transaction

RWE and NBIM Complete Offshore

TotalEnergies and Shell Exchange Lipa and Gato do Mato Stakes

TotalEnergies and Shell Exchan

Solstad AHTS Vessels Get Clearance for Work Offshore Brazil

Solstad AHTS Vessels Get Clear

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Aker Solutions, PTAS JV Hooks

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine