Transocean’s Discoverer India Contract with Reliance

Monday, December 20, 2010

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that the newbuild ultra-deepwater drillship Discoverer India has commenced operations for Reliance Industries in India under a minimum five-year drilling contract. By December 31, 2010, Reliance can choose to extend the term of the contract to either seven or 10 years.

One of 25 ultra-deepwater floaters in the Transocean fleet, the double-hulled Discoverer India features the most advanced offshore drilling equipment. The rig is equipped to drill wells up to 35,000 feet total depth in water depths of 10,000 feet and, with additional equipment, can be upgraded to drill up to 40,000 feet total depth in water depths up to 12,000 feet. The rig's features include Transocean's patented dual-activity drilling technology that is designed to save time and money in deepwater well construction through parallel drilling operations. Other features include an enhanced top drive system, a high-pressure mud system and a variable deckload of more than 20,000 metric tons.

In addition to the Discoverer India and seven other newbuild units placed into service in 2009 and 2010, Transocean has two ultra-deepwater newbuild drillships, Discoverer Luanda and Deepwater Champion, and a high-specification jackup in various stages of construction or completion.
 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Diana to Acquire Two Post-Panamax Containerships

Diana Containerships Inc. announced that yesterday it signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to purchase from an unaffiliated

Intelsat Records $598 mln Q2 Revenue

Satellite services provider Intelsat S.A. has reported total revenue of $598.1 million and net income attributable to Intelsat S.A. of $60.2 million, or $0.47 per common share on a diluted basis,

Asia Dry Bulk-Capesize Rates Could Soften

Capesize market "overheated" as rates near eight-month highs; optimism for a busier fourth quarter looms. Freight rates for capesize bulk carriers are likely

Offshore

MOL Wins Eco Awards in California

Mitsui O.S.K. Lines, Ltd. earned recognition from the ports of both Los Angeles and Long Beach, California, today, for its efforts to ensure compliance with

Mexico to Postpone Deep Water Auction

Mexico, which has started to open its nationalized oil industry to additional private investment, will postpone auctions for deep-water oil exploration and production

Oregon Bridge Danglers Hope to Delay Shell's Arctic Drilling

Protestors rappelled off a bridge in Portland, Oregon on Wednesday hoping to delay Royal Dutch Shell's Arctic oil exploration this summer by blocking the return

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Sonar 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: 0.1897 sec (5 req/sec)