Dhirubhai Deepwater KG1 5-Year Contract

Tuesday, August 11, 2009

Transocean Ltd. (NYSE:RIG) announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has commenced operations in India under a five-year drilling contract with Reliance Industries Limited. The company currently expects that Reliance will sublet the rig for the first four years of the contract to Oil and Natural Gas Corporation Limited, and that Reliance will operate the rig for the fifth year of the contract.

The Dhirubhai Deepwater KG1 is the first of two ultra-deepwater newbuild drillships owned by a joint venture company with Pacific Drilling Limited and scheduled to commence operations in 2009 and 2010. The second ultra-deepwater newbuild drillship Dhirubhai Deepwater KG2 is also contracted and is scheduled to commence operations in 2010.

The dynamically positioned, double-hulled drillship Dhirubhai Deepwater KG1 features National Oilwell Varco drilling packages that include advanced offshore drilling technology, with significant off-line tubular-handling and stand-building capabilities, advanced mud system designs, advanced systems for building, storing and running several subsea trees and efficient riser and BOP (blowout preventer) handling systems. The drillship has a variable deckload of approximately 20,000 metric tons, is equipped to work in water depths of up to 10,000 feet and is outfitted to construct wells up to 35,000 feet deep.

In addition, Transocean has another eight ultra-deepwater newbuild floaters, all of which have drilling contracts and are scheduled to commence operations in the next two years. These units are the Discoverer Clear Leader, Discoverer Americas, Discoverer Inspiration, Discoverer India and Discoverer Luanda, Deepwater Champion, Petrobras 10000 and Development Driller III.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Migrants Survivors Tell of Struggle at Sea

The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.

Three Keppel Dredgers for Jan De Nul

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Repair 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: 0.0717 sec (14 req/sec)