Transocean Lands $243M in Ultra-Deepwater Drillship Contract Extensions

Published

Deepwater Mykonos drillship (Credit: Transocean)
Deepwater Mykonos drillship (Credit: Transocean)

Offshore drilling contractor Transocean has secured contract extensions with BP and Petrobras for two of its ultra-deepwater drillships.

In aggregate, the fixtures represent approximately $243 million in firm contract backlog.

In the U.S. Gulf of America, BP exercised a 365-day option for the Deepwater Atlas in direct continuation of its firm contract.

The program is expected to contribute approximately $232 million in backlog.

In Brazil, Petrobras exercised a 30-day option for the Deepwater Mykonos in direct continuation of its firm program.

The program is expected to contribute approximately $11 million in backlog.

Current News

Van Oord Completes Monopile Installation at Windanker

Van Oord Completes Monopile In

Australian Union Members Back Pluto LNG 2 Strike

Australian Union Members Back

Survey shows that oil companies in Norway will drill 18% less exploration wells by 2026.

Survey shows that oil companie

Cadeler’s WTIV Newbuild En Route to Europe for Maiden Offshore Wind Job

Cadeler’s WTIV Newbuild En Rou

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine