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/
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