Angco Cayman Limited News

Transocean Ultra-Deepwater Drillship Contract

Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Discoverer Inspiration has commenced operations for Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE:CVX), in the U.S. Gulf of Mexico under a five-year drilling contract. The dynamically positioned double-hulled Discoverer Inspiration includes the most advanced drilling capabilities in the offshore drilling industry. The vessel is an enhanced version of Transocean's three predecessor Enterprise-class drillships…

Transocean Ultra-Deepwater Drillship Contract

Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Dhirubhai Deepwater KG2, which is owned by a joint venture with Pacific Drilling Limited, has commenced operations for Reliance Industries in India under a five-year drilling contract. The dynamically positioned Dhirubhai Deepwater KG2, one of 24 Ultra-Deepwater Floaters in the Transocean fleet, includes the most advanced drilling capabilities in the offshore drilling industry. The vessel features National Oilwell Varco drilling packages, significant off-line tubular-handling and stand-building capabilities, advanced mud system designs, systems for building, storing and running several subsea trees and efficient riser and BOP (blowout preventer) handling systems.