Offshore Drilling: Transocean Reports Huge Contracts Backlog

Press Release
Tuesday, September 18, 2012
Development Driller lll: Photo credit Transocean

Transocean Ltd. issues fleet update summary, new & changed contracts, OofS times, etc.

Total backlog associated with new contracts or extensions since the August 15, 2012 fleet update summary is approximately $1.7 billion.

Estimated out of service time for 2012 increased by a net 36 days, primarily due to unexpected repairs on a Harsh Environment semisubmersible. The increase in 2013 estimated out of service time of a net 151 days includes 86 days (57 percent) related to the acceleration of shipyards from 2014 and 45 days (30 percent) associated with the preparation of rigs for new or potential contracts.

The ultra-deepwater newbuild drillship, Deepwater Invictus, was awarded a three-year contract at a dayrate of $595,000 ($652 million contract backlog) and is expected to commence operations in the second quarter of 2014 upon delivery from the shipyard and customer acceptance. This vessel is currently under construction at the DSME shipyard in Korea and will be capable of operating in water depths up to 12,000 feet and drilling wells up to 40,000 feet deep. The newbuild will include a second blow-out preventer system requested by the customer for which the company will be compensated. The rig is one of two ultra-deepwater newbuild drillships acquired in the October 2011 Aker Drilling ASA transaction.

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.


 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

DP World Receives 1st Scheduled Vessel at New Terminal

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.

Kalmar 5th Generation Gloria Reachstackers Enter US

Kalmar, part of Cargotec, is launching its highly acclaimed range of reachstackers, called Gloria into the Americas. The eagerly awaited launch follows the successful

Offshore

Rederij Groen Takes Delivery of 7-Waves

Rederij Groen’s entire SRSV fleet built by Damen Maaskant Shipyards Stellendam. Dutch offshore services company Rederij Groen has taken delivery of the 7-Waves,

New Oil Field Found in British North Sea

GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f

Three Dead in Offshore Platform Accident

Three workers were killed and one is still missing after an accident at one of the offshore oil and gas platforms in the Caspian Sea in Azerbaijan, Azeri state energy company SOCAR said on Thursday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1472 sec (7 req/sec)