Transocean Ltd. announces contract award for harsh environment semisubmersible
Published by Emily Thomas,
Deputy Editor
Oilfield Technology,
Transocean Ltd. has announced that the Transocean Equinox was awarded a five-well contract in Australia by a major operator, representing approximately US$137 million in firm backlog, excluding full payment for mobilisation and a demobilisation fee.
The estimated 300-day contract is expected to commence in the first quarter of 2024.The contract also provides for a one-well option, potentially keeping the harsh environment semisubmersible in Australia through the first quarter of 2025.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/11052023/transocean-ltd-announces-contract-award-for-harsh-environment-semisubmersible/
You might also like
BOEM analyses proposed offshore well stimulation work at platform Gilda offshore California
The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda, located 8.8 miles offshore Ventura County, California.