transocean drillships

COVID-19 Third quarter results will come with an impairment charge of as much as $580 million. Switzerland-based offshore drilling contractor Transocean (NYSE: RIG) has announced an agreement with a unit of Sembcorp . Transocean owns or has partial ownership interests in, and operates a fleet of, 37 mobile offshore drilling units consisting of 27 ultra-deepwater floaters and 10 harsh environment floaters. The contract expires in September. The company is also building two ultra-deepwater drillships. The ultra-deepwater drillship Deepwater Conqueror. An undisclosed operator has awarded the ultra-deepwater drillship Deepwater Asgard a two-well contract in the US Gulf of Mexico. According to Transocean's fleet status report released on 22 June, it has deferred the delivery by two years. Transocean photo. The proprietary Jurong Espadon 3T designed rigs are now scheduled to be delivered during the first and third quarter of 2020. US offshore drilling giant Transocean has been awarded significant contract extensions and one contract for work in the US Gulf of Mexico, as well as one contract in the UK North Sea. Transocean Ltd. (NYSE: RIG) announced today an agreement with Sembcorp Marine's subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of two dynamically positioned ultra-deepwater drillships. Shares. In addition, Transocean is constructing two ultra-deepwater drillships. Transocean. The rig's previous contract was with Woodside in Myanmar with a day rate of $250,000. In addition, Transocean is constructing two ultra-deepwater drillships. Transocean Ltd. RIG recently secured an agreement with Jurong Shipyard, a Sembcorp Marine subsidiary in Singapore, to postpone the delivery of two ultra-deepwater drillships Deepwater Atlas and . June 10, 2021 By Stephen Rassenfoss Journal of Petroleum Technology Transocean has painted itself into a corner and is basically forced to give up on two newbuild drillships due to balance sheet weakness and a slower-than-hoped . Transocean Ltd. The vessel is an enhanced version of Transocean's three predecessor Enterprise-class drillships, which have set deepwater drilling records in recent years, including the world water-depth drilling record of 10,011 feet set by the Discoverer Deep Seas while working for Chevron in the U.S. Gulf of Mexico. The contract expires in September. HOUMA, Louisiana - The Bureau of Safety and Environmental Enforcement . The two drillships are now expected to be delivered in the second quarter of 2019 and the first quarter of 2020, respectively. The company expects to take delivery of the drillship early in 3Q 2022. The Deepwater Atlas and Deepwater Titan are the world's first eighth generation ultra-deepwater drillships and only rigs to feature a 3 000 000 pound hook-load. In an update on Wednesday, EnVen Energy said it had executed a drilling contract with Transocean for the use of the Transocean Discoverer Inspiration, an ultra-deepwater drillship. All four drillships have advanced capabilities: each is designed to operate in water depths of up to 12,000 feet and drill wells to 40,000 feet. Including Transocean Arctic and Discoverer India, Transocean currently has nine drillships and one semisubmersible cold stacked. Transocean strikes new delivery terms for two 20,000 psi-capable deepwater drillships 6/7/2021 STEINHAUSEN, SWITZERLAND -- Transocean announced that it has agreed with Sembcorp Marine's subsidiary,. EnVen Books Transocean's Ultra-deepwater Drillship. The two vessels were initially ordered in 2014 with a scheduled delivery date of 2017 but a downturn in offshore has seen . Transocean has confirmed that drillship Ocean Rig Paros is held for sale and will be recycled in an environmentally responsible manner. Transocean specializes in technically demanding sectors of the global . How We Operate Back in 2018, when the Transocean-Ocean Rig deal was announced, the company stated that reactivating Ocean Rig drillships will cost $25 million per rig. The newbuild drillship is expected to be delivered in Q4 2016 at a total cost of US$725 million and upon delivery the unit will mobilise to the USA to begin the contract with Chevron. Transocean first ordered the drillships - now named the Deepwater Titan and the Deepwater Atlas - on speculation from Sembcorp Marine's Jurong Shipyard in 2014 for a price of $540 million each, and for delivery in 2017 and 2018, but the delivery dates have been put off several times. Woodside has awarded the ultra-deepwater drillship Dhirubhai Deepwater KG2 a 180-day contract offshore Myanmar. Photo: Lappino . Most of these are stacked in Greece with the exception of Transocean Arctic in Norway and the 7,500-ft drillship Discoverer Luanda in Malaysia. Learn more about our efforts below. Furthermore, the Deepwater Invictus drillship has won more work with BHP - a one-well contract extension - in the U.S. Gulf of Mexico at $305,000 per day. Drilling contractor Transocean announced Monday that the delivery of two newbuild drillships currently under . Transocean Ltd. (NYSE: RIG) announced today an agreement with Sembcorp Marine's subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of two dynamically positioned ultra-deepwater drillships. Offshore staff. Transocean's Dhirubhai Deepwater KG2 drillship has been awarded a one-well contract, plus two one-well options, with Shell in Brunei. Transocean's (RIG) Norge drillship clinches a four-well contract in Norway with five one-well options. Since October, the drilling contractor has added $366 million in contract backlog, bringing total backlog to $10.2 billion. Deepwater Conqueror drillship has been awarded a one-well contract extension from Chevron in the U.S. Gulf of Mexico at $335,000 per day. Offshore staff. Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million. A well-informed . Source: Transocean 2Q 2019 report. According to Transocean, the drillships are the most capable and highest specification rigs in the world and will include the first 20,000 psi well control system. About Transocean. Company Profile Switzerland-based Transocean is the world's largest offshore drilling contractor and leading provider of drilling . Offshore staff. Offshore drilling contractor Transocean has secured more work for four of its drillships and one semi-submersible rig, with some getting better day rates than before, pushing its backlog up to $6.5 billion. Transocean Ltd. Secures $252 Million Contract for Newbuild, Ultra-Deepwater Drillship August 26, 2021 06:30 ET | Source: Transocean Ltd. Transocean Ltd. Grand Cayman, CAYMAN ISLANDS The contract is set to start and end in December 2021 with a day rate of $190,000. STEINHAUSEN, Switzerland - Transocean Ltd. has provided an update on its offshore drilling rig fleet.. Chevron has awarded the ultra-deepwater drillship Deepwater Conqueror a one-well contract extension in the US Gulf of Mexico.The day rate is $335,000. Delivery of the Deepwater Atlas is now expected to be in December 2021. Transocean owns or has partial ownership interests in, and operates a fleet of, 37 mobile offshore drilling units consisting of 27 ultra-deepwater floaters and 10 harsh environment floaters. The drilling activity is scheduled for March 2022. Transocean entered into an agreement with Chevron for the Deepwater Titan for operations in the Gulf of Mexico in December 2018, but the drillship's delivery was again delayed when Chevron wanted . Advertisement EnVen Energy Corporation has signed a drilling contract with a subsidiary of Transocean Inc. for the use of the Transocean Discoverer Inspiration, an ultra-deepwater drillship. In addition, Transocean is constructing two ultra-deepwater drillships. Offshore drilling contractor Transocean has won two contracts which, in aggregate, contribute approximately $55.5 million in the backlog. The drillship Deepwater Asgard was awarded a two-well contract by an undisclosed operator for work in the US Gulf starting in April 2022 at a day rate of $395,000. The drillships will include the first 20 000 psi well control system. Offshore drilling contractor Transocean has won a new contract for one of its drillships with the U.S. Gulf of Mexico operator, EnVen Energy Corporation. Upon delivery, Transocean will make a US$50 million payment to JSPL; the balance of . The Jurong Espadon 3T drillship design. Drilling & Completion Two Transocean drillships win contracts in the Gulf of Mexico July 28, 2021 The ultra-deepwater drillships Deepwater Conqueror and Deepwater Asgard are both expected to start one-well contracts in 1Q 2022. In addition, Transocean is constructing two ultra-deepwater drillships. Transocean Wins Firm Contract for 8th Gen Ultra-deepwater Drillship. Offshore drilling contractor Transocean has secured more work for four of its drillships and one semi-submersible rig, with some getting better day rates than before, pushing its backlog up to $6.5 billion. The newbuild drillship will be the seventh ultra-deepwater rig that Transocean currently has under construction at DSME once construction work begins and the . EnVen . ; Delivery . Transocean has won contracts worth $109 million from mid-May to mid-June. Transocean has delayed the delivery of the first two drillships capable of drilling and completing wells requiting 20,000-psi pressure control and told investors they are arriving at a time when the demand for ultrahigh performance is coming back. In its most recent fleet status report, released 21 July, Transocean announced new contracts for five drillships and four semisubmersibles. The newest members of our fleet family will provide even more tools . The Deepwater Atlas and Deepwater Titan are the world's first eighth-generation ultra-deepwater drillships and only rigs to feature a 3,000,000 pound hook-load, Transocean said. WorkBoat stocks post small loss in September . Transocean announces its decision to scrap 3 drillships. STEINHAUSEN, Switzerland - Transocean Ltd. has provided an update on its offshore drilling rig fleet.. Chevron has awarded the ultra-deepwater drillship Deepwater Conqueror a one-well contract extension in the US Gulf of Mexico.The day rate is $335,000. BSEE has released the results of its investigation of the Oct. 28, 2020 incident when the Deepwater Asgard sustained major damage while evacuating from an area impacted by Hurricane Zeta. Transocean - Home | Offshore Drilling Contractors Boundless At Transocean, we are closely monitoring and following guidance provided by the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) to protect and keep our workers offshore and onshore healthy and safe.

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