Transocean Sedco Forex Gets BP Amoco Contract

Wednesday, March 22, 2000
An operating subsidiary of Transocean Sedco Forex Inc. has entered into a contract with BP Amoco for the semisubmersible Transocean Rather.

The agreement covers one well, with a minimum duration of 120 days, plus an option to drill two additional wells in direct continuation. The drilling program is expected to commence in the U.S. Gulf of Mexico on or around April 1, 2000 and will generate an estimated $9.6 million in revenues.

Also, the company said its semisubmersible Transocean Richardson has completed a drilling program in the U.S. Gulf of Mexico with Kerr-McGee Corp. and is now under contract to Anadarko Petroleum to drill two wells over an estimated 60-day duration. Following completion of the Anadarko work assignment, the rig will return to Kerr-McGee to drill one well for a period of up to 60 days. Revenues to be generated by the Transocean Richardson during the two drilling programs are estimated at $7.5 million.


Contracts

Thyssenkrupp Wins Qatar Integrated Rail Project

Thyssenkrupp has been awarded a contract to manufacture, supply, install and maintain more than 500 elevators and escalators for Doha’s metro network, a part of the Qatar Integrated Rail Project.

ACE Winches Bags Order from Vard

Deck machinery specialist ACE Winches said it has been awarded a spooling contract with Vard Group AS for Norway’s largest construction vessel.   The scope of work includes the spooling of two 3,

Fugro, US Army Corps of Engineers Ink Mapping Deal

Fugro has been awarded a photogrammetric and LIDAR surveying and mapping contract by the U.S. Army Corps of Engineers, St. Louis District, Missouri. The agreement

 
 
Maritime Careers / Shipboard Positions Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0688 sec (15 req/sec)