Transocean announces US$123 million ultra-deepwater drillship contract
Published by Jack Roscoe,
Editorial Assistant
Oilfield Technology,
Transocean has announced that Reliance Industries Ltd awarded a binding letter of award for the Dhirubhai Deepwater KG1 for six wells offshore India.
The estimated 300-day programme is expected to commence in the 2Q26 and is estimated to contribute approximately US$123 million in backlog, excluding additional services and a mobilisation fee.
The award also includes multiple options. If all options are exercised, the rig would remain in India through the end of 2029.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/05092024/transocean-announces-us123-million-ultra-deepwater-drillship-contract/
You might also like
Balmoral Group completes sale of Comtec to Freudenberg Flow Technologies
Following the completion of the deal, Comtec will continue to operate as usual from its existing locations, with no immediate changes to its name, day-to-day activity, customer contracts, delivery schedules, staffing levels or points of contact.