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Transocean announces Petrobras contract and rig acquisition

Friday, September 15 2023

Fossil Energy – Drilling

Transocean has announced that the ultra-deepwater drillship Deepwater Aquila has been awarded a three-year contract with Petrobras.

The major drilling contractor has also agreed to acquire the outstanding interests in Liquila Ventures.

The contract with Petrobras will commence in Q3 2024.

Transocean will also acquire the outstanding interests in Liquila Ventures, the company that acquired the Deepwater Aquila, from its joint venture partners Perestroika and Lime Rock Partners.

Transocean will explore debt financing alternatives to partially fund the costs associated with acquiring the drillship. The drillship is expected to be delivered from the Hanwha Ocean yard in South Korea in October 2023.

Related posts:

  1. World’s first 8th generation drillship starts maiden contract
  2. New drillship contract adds $518 million to Transocean backlog
  3. $137 Million contract award for harsh environment semisubmersible
  4. Brazil’s Petrobras starts drilling Equatorial Margin well

Filed Under: Drilling, drillship, International projects, Petrobras, Transocean Tagged With: drilling, Petrobras, transocean

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