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New drillship contract adds $518 million to Transocean backlog

Wednesday, July 19 2023

Fossil Energy – Drilling GOM

An undisclosed, independent operator has awarded Transocean a 1,080-day contract for a high-specification seventh-generation, ultra-deepwater drillship in the Gulf of Mexico offshore Mexico.

Transocean will select one of its three 12,000-ft drillships from among Deepwater Invictus, Deepwater Thalassa, and Deepwater Proteus no later than one year before the earliest date in the commencement window.

The contract is expected to begin between the fourth quarter of 2025 and second quarter of 2026.

It will contribute about $518 million in backlog, excluding revenue for mobilisation and demobilisation, giving a dayrate of about $480,000.

Related posts:

  1. World’s first 8th generation drillship starts maiden contract
  2. Transocean scores two new drillship charters for US Gulf
  3. $137 Million contract award for harsh environment semisubmersible
  4. Transocean’s Deepwater Titan begins inaugural contract for Chevron

Filed Under: Drilling, drillship, International projects, Transocean Tagged With: drilling, gulf of mexico, transocean

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