Transocean Provides Fleet Update Summary

By Eric Haun
Thursday, May 15, 2014
Photo: Transoceean

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, significant changes to existing contracts and changes in estimated planned out-of-service time of 15 or more days since April 17, 2014. The total value of new contracts since the April 17, 2014 Fleet Status Report is approximately $953 million, Transocean said.

According to Transocean, other highlights include:
•Dhirubhai Deepwater KG1 - Awarded a three year contract offshore Brazil at a dayrate of $440,000 ($482 million estimated backlog). The rig's prior dayrate was $510,000.
•Paul B. Loyd, Jr. - Awarded a two year contract extension in the U.K. North Sea at a dayrate of $430,000 ($314 million estimated backlog). The rig's prior dayrate was $447,000.
•GSF Development Driller II - Awarded a three-well contract in the Black Sea offshore Romania at a dayrate of $360,000 ($97 million estimated backlog). The rig's prior dayrate was $606,000.
•GSF Constellation II - Customer exercised a one year option offshore Gabon at a dayrate of $165,000 ($60 million estimated backlog). The rig's prior dayrate was $165,000.
•Sedco 706 - The remaining backlog from the Sedco 710 contract in Brazil has been transferred to the Sedco 706.
Estimated 2014 planned out-of-service time increased by a net 485 days, including 354 days primarily associated with contract preparation and mobilization on the Dhirubhai Deepwater KG1, GSF Development Driller II and Polar Pioneer; and 121 days related to the shipyard acceleration into 2014 from 2015 on the GSF C.R. Luigs.  Estimated 2015 planned out-of-service time decreased by a net 84 days. These estimates are subject to change due to a variety of factors, including changes in the company's business plans and customers' requirements.

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

People & Company News

MN 100: AEP River Operations

16150 Main Circle Drive, Suite #400 St. Louis, MO 63017 Tel: (636) 530-2100  Email: Website: President: Keith Darling The

MN 100: Caterpillar Marine

Neumühlen 9 22763 Hamburg/Germany Tel: (713) 895-1449 Email: Website: Managing Director: Nigel Parkinson The Company: Caterpillar

Airbus May Sell Stake in Submarine Supplier

Airbus is considering a sale of its 49 percent stake in submarine supplier Atlas Elektronik as part of a reshuffle of its military business, German newspaper Die


Scottish Sea Farms Orders Newbuilds

Macduff Shipyards Ltd. has received a contract worth more than £3.3 million pounds from Scottish Sea Farms for the design and build of four 19.8-meter 150T steel

Mexican Navy Delegation Visits NSSA

The U.S. Navy reported that its Norfolk Ship Support Activity (NSSA) welcomed the Mexican Navy Delegation to Building CEP-200, Naval Station Norfolk, Aug. 21 for

MARAD: Total Fuel Cycle Study for Natural Gas

The Maritime Administration (MARAD) released a study that evaluates total fuel cycle emissions for natural gas versus conventional marine fuels. Results showed

Offshore Energy

Ferguson Norge Unveils New NORSOK Workshops

As a result of market demand for NORSOK workspace modules, Ferguson Norge, specialists in the rental of DNV 2.7-1 / EN 12079 certified offshore containers, refrigeration/freezer modules,

Bureau Veritas to Class, Certify FPSOs for Saipem

Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two Kaombo FPSOs for service off Angola. The

Kvaerner in Statoil Unmanned Platform Project

Kvaerner say that Statoil has awarded it a concept study related to a standardised, unmanned dry tree wellhead platform for the Oseberg Future Development project.

Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction 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: 0.1845 sec (5 req/sec)