Transocean secures work for four semi-submersibles

Business & Finance

Offshore drilling contractor Transocean has been awarded new contracts for its drilling rigs for work offshore Norway, Australia, and Canada.

In a fleet status report released on Wednesday, Transocean informed that the 2005-built semi-submersible GSF Development Driller I has been awarded a one-well contract offshore Australia with PTTEP.

The contract starts in November and ends in December 2018. The dayrate has not been disclosed.

Furthermore, Statoil has exercised two one-well options for the 2010-built semi-submersible Transocean Spitsbergen in the Norwegian sector of the North Sea.

Also, the 1986-built semi-sub Transocean Arctic has been awarded a one-well contract, plus a one-well option in the Norwegian North Sea, with Faroe Petroleum. The contract will run from August until September 2018.

Transocean also said that Husky Energy has exercised a six-month option for the 1985-built Henry Goodrich semi-submersible for work offshore Eastern Canada. The option starts in May and ends in November 2018.

Murphy Oil has exercised its fixed-price option for the 2014-built drillship Deepwater Asgard, operating in the Gulf of Mexico. Instead of ending in June 2018, the contract with Murphy is now set to be completed in July.

The fleet status report also shows that Chevron has reduced dayrates for two Transocean’s drillships, the 2016-built Deepwater Conqueror and 2010-built Discoverer Inspiration, both operating in the Gulf of Mexico.

The dayrate for the Deepwater Conqueror went from $586,000 to $583,000 and for the Discoverer Inspiration from $571,000 to $566,000.

Offshore Energy Today Staff