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

IKM Aconan to Deliver Drilling, Well Services for Vår Energi

IKM Aconan to Deliver Drilling

Unity Wins North Sea Decom Contracts, Expands Overseas

Unity Wins North Sea Decom Con

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

Denmark Receives Offshore Wind

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

Borr Drilling’s First Quarter

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine