Transocean (NYSE:RIG) says it reached agreement with Sembcorp Marine's (OTCPK:SMBMF) Jurong Shipyard to accept deferred payment on the delayed delivery of two ultra-deepwater drillships. These are just a couple examples how we are pushing the industry forward. The proprietary Jurong Espadon 3T designed rigs are now scheduled to be delivered during the first and third quarter of 2020. Forward-Looking Statements BSEE issues report on Transocean drillship incident. Delays for the Deepwater Pontus and Deepwater Poseidon vessels have no impact on the duration or dayrate of the original 10-year operating contracts for the drillships, Transocean said in a . The rig, formerly known as Cerrado, has been cold-stacked at Elefsis Bay, Greece, since mid-2016. 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. Transocean Ltd. 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. The two drillships are now expected to be delivered in the second quarter of 2019 and the first quarter of 2020, respectively. Announces Agreement with Shipyard to Delay Delivery, Defer Payments of Newbuild, Ultra-Deepwater Drillships Transocean has confirmed that drillship Ocean Rig Paros is held for sale and will be recycled in an environmentally responsible manner. The company is also building two ultra-deepwater drillships. 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 announces its decision to scrap 3 drillships. HOUMA, Louisiana - The Bureau of Safety and Environmental Enforcement . The drillships will also feature a large deck space with an enclosed riser bay, a flexible mud system for completion operations, and Transocean's patented hybrid power system for lower emissions . Upon delivery, Transocean will make a US$50 million payment to JSPL; the balance of . ; Delivery . 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. "This award results from the final . Transocean photo. Offshore staff Transocean adds to rig fleet backlog with several new deals. 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. 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. Petronas (KLSE: PETGAS) provided a termination notice for its drilling contract in Malaysia for the Deepwater Nautilus semisub in Nov. 2020; the contract had been projected to expire in Feb. 2021.. Switzerland-based offshore drilling contractor Transocean (NYSE: RIG) has announced an agreement with a unit of Sembcorp . COVID-19 The drillships will also feature a large deck space with an enclosed riser bay, a flexible mud system for completion operations, and Transocean's patented hybrid power system for lower emissions . Delivery of the Deepwater Atlas is now expected to be in December 2021. Design / Generation DSME 12000 Ultra Deepwater Drillship Constructing Shipyard DSME (South Korea) Year Entered Service / Significant Upgrades 2014 Classification DNV X1A1 Flag Marshall Islands Dimensions 781 ft long x 138 ft wide x 62 ft deep Drafts 39.4 ft operating / 29.5 ft transit Accommodation 200 persons Displacement 114,640 stoperating 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. The Jurong Espadon 3T drillship design. 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. 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 . EnVen . In its most recent fleet status report, released 21 July, Transocean announced new contracts for five drillships and four semisubmersibles. 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 . Transocean delays delivery of two drillships from Sembcorp Marine 23rd June 2015 US-listed drilling company Transocean Inc has deferred the delivery of two ultra-deepwater drillships being constructed at Singapore's Sembcorp Marine. Transocean stated that they saw no near-term prospects for the rig. August 20, 2020 . The ultra-deepwater drillship Deepwater Conqueror. Photo: Lappino . EnVen has committed to one firm well with options for two additional wells and expects to take delivery of the drillship early in . Transocean has agreed with Sembcorp Marine's subsidiary, Jurong Shipyard Pte Ltd (JSPL), on the delayed delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan. Transocean's (RIG) Norge drillship clinches a four-well contract in Norway with five one-well options. Also in the Gulf of Mexico, EnVen hired Transocean's Discoverer Inspiration drillship, to drill one well - plus two one-well options - at $290,000 per day. 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,. The ultradeepwater Transocean drillships Deepwater Thalassa and Deepwater Proteus. In April that year it was confirmed that Ocean Rig had acquired th Forward-Looking Statements Transocean Ltd. RIG recently secured a firm contract worth $252 million for its new-build ultra-deepwater drillship the Deepwater Atlas from BOE Exploration & Production LLC (BOE), which includes a. Two Transocean drillships get new Gulf of Mexico gigs. The report shows that, due to the extension, the contract is now expected to end in December instead of October this year. According to Transocean's fleet status report released on 22 June, it has deferred the delivery by two years. 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. STEINHAUSEN, Switzerland - Transocean Ltd. and Sembcorp Marine's subsidiary Jurong Shipyard Pte Ltd. (JSPL) have agreed to delay delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan.. As part of the agreement, JSPL has agreed to accept deferred payment for both rigs. Source: Transocean 2Q 2019 report. 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. In addition, Transocean is constructing two ultra-deepwater drillships. About Transocean. 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. Transocean announced today that delivery of two next-generation drillships is being delayed again as disruptions in the global supply chain due to the pandemic are causing its contract with . Transocean Ltd. Illustration courtesy Sembcorp. Transocean drillship Deepwater Thalassa under construction at DSME. Announces Ultra-Deepwater Drillship Delivery Delays For Deepwater Pontus, Deepwater Poseidon. A well-informed . Announces 5-Year $830 Million USD Drilling Contract for Newbuild Ultra-Deepwater Drillship . Third quarter results will come with an impairment charge of as much as $580 million. EnVen has committed to one firm well with options for two additional wells and expects to take delivery of the drillship early in 3Q22. The 2016-built Deepwater Conqueror drillship was awarded a one-well contract with a major operator in the U.S. Gulf of Mexico. The Deepwater Atlas and Deepwater Titan are the world's first eighth-generation ultra-deepwater drillships and the only rigs to feature a 3,000,000 pound hook . Forward-Looking Statements Transocean announced that BOE Exploration & Production awarded Transocean a $252 million firm contract for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee . The two drillships we recently put to sea, both currently operating in the Gulf of Mexico, were the first rigs with hybrid-power systems. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. Including Transocean Arctic and Discoverer India, Transocean currently has nine drillships and one semisubmersible cold stacked. 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. An undisclosed operator has awarded the ultra-deepwater drillship Deepwater Asgard a two-well contract in the US Gulf of Mexico. 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 . Among those deals was a one-well option with BHP for the Deepwater Invictus drillship in the US Gulf of Mexico. The newbuild drillship will be the seventh ultra-deepwater rig that Transocean currently has under construction at DSME once construction work begins and the . In addition, Transocean is constructing two ultra-deepwater drillships. Transocean Ltd. RIG recently secured a firm contract worth $252 million for its new-build ultra-deepwater drillship the Deepwater Atlas from BOE Exploration & Production LLC (BOE), which includes . Transocean Wins Firm Contract for 8th Gen Ultra-deepwater Drillship. June 10, 2021 By Stephen Rassenfoss Journal of Petroleum Technology Transocean's Deepwater Pontus drillship is contracted to work for Shell in the US Gulf of Mexico at a day rate of $475,000, according to the rig owner's latest fleet update. 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. (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. The two vessels were initially ordered in 2014 with a scheduled delivery date of 2017 but a downturn in offshore has seen . As part of the agreement, JSPL has agreed to accept deferred payment for both rigs. 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. Company Profile Switzerland-based Transocean is the world's largest offshore drilling contractor and leading provider of drilling . 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. 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. Transocean secures contracts for nine rigs, boosts backlog to $7.3 billion. 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. Also in the Gulf of Mexico, EnVen hired Transocean's Discoverer Inspiration drillship, to drill one well - plus two one-well options - at $290,000 per day. Transocean owns or has partial ownership interests in and operates a fleet of 37 mobile offshore drilling units, including 27 ultra-deepwater floaters and 10 harsh environment floaters. Drillship operator Transocean has agreed with Sembcorp Marine's subsidiary, Jurong on the further delayed delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan. 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. 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. 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. Featuring state-of-the-art equipment, including Transocean's patented dual-activity drilling technology, the newbuild drillships will possess industry-leading hoisting capacity. Offshore drilling contractor Transocean has won two contracts which, in aggregate, contribute approximately $55.5 million in the backlog. The proprietary Jurong Espadon 3T designed rigs are now scheduled to be delivered during the first and third quarter of 2020. The delivery and operating agreements for Shell's two other contracted Transocean newbuild, ultra-deepwater drillships, the Deepwater Thalassa and Deepwater Proteus, are not impacted by this . 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. In addition, Transocean is constructing two ultra-deepwater drillships. Transocean Inc. has been awarded contracts for two High-Specification drillships, the Deepwater Millennium and the Deepwater Expedition, for drilling operations in the U.S. Gulf of Mexico and . The drillship Deepwater Asgard. Woodside has awarded the ultra-deepwater drillship Dhirubhai Deepwater KG2 a 180-day contract offshore Myanmar. 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 proprietary Jurong Espadon 3T designed rigs are now scheduled to be delivered during the first and third quarter of 2020. Offshore drilling contractor Transocean has reported new contracts and extensions, adding $87.7m to the company's total backlog of . Offshore drilling contractor Transocean announced today it has reached an agreement with Sembcorp Marine's Jurong Shipyard on the delayed delivery of the two ultra-deepwater drillships . Offshore staff. The rig's previous contract was with Woodside in Myanmar with a day rate of $250,000. Drilling contractor Transocean announced Monday that the delivery of two newbuild drillships currently under . Transocean's Dhirubhai Deepwater KG2 drillship has been awarded a one-well contract, plus two one-well options, with Shell in Brunei. EnVen Books Transocean's Ultra-deepwater Drillship. Transocean has won contracts worth $109 million from mid-May to mid-June. Transocean. For comparison, Transocean's backlog at the end of October 2021 was $7.1 billion. 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. 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. The company expects to take delivery of the drillship early in 3Q 2022. 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. 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. The contract is set to start and end in December 2021 with a day rate of $190,000. They actually generate power, which can be stored for later use. The contract expires in September. Offshore staff. That number looked artificially low right . In addition, Transocean is constructing two ultra-deepwater drillships. 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. STEINHAUSEN, Switzerland - Transocean Ltd. has provided an update on its offshore drilling rig fleet. Transocean Ltd. STEINHAUSEN, Switzerland—December 28, 2018—Transocean Ltd. (NYSE: RIG) announced today that it has signed a rig design and construction management contract, as well as a five-year drilling contract, with Chevron USA, Inc. ("Chevron") for one of its two dynamically positioned . Transocean specializes in technically demanding sectors of the global . An undisclosed operator has awarded the ultra-deepwater drillship Deepwater Asgard a two-well contract in the US Gulf of Mexico. U.S. Gulf of Mexico-focused oil and gas company EnVen Energy has awarded a drilling contract to Transocean for the Discoverer Inspiration ultra-deepwater drillship. In addition, Transocean is constructing two ultra-deepwater drillships. Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today a mutual agreement with its customer, Shell EP Wells Equipment Wells Services B.V. (Shell), and the shipyard, Daewoo Shipbuilding & Marine Engineering Co. (DSME), to delay the operating and delivery contracts of two newbuild ultra . Gulf deepwater rig fleet upended . How We Operate 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. 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. Ensco plc photo. Learn more about our efforts below. 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 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. October 7, 2020 . Delivery of the Deepwater Atlas is now expected to be in December 2021. Shares. Forward-Looking Statements HOUSTON - EnVen Energy Corp. has awarded the Transocean ultra-deepwater drillship Discoverer Inspiration a one-well contract in the US Gulf of Mexico. As part of the agreement, JSPL has agreed to accept deferred payment for both rigs. 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. The drilling activity is scheduled for March 2022. The drillships will include the first 20 000 psi well control system. An Ensco ultradeepwater semisubmersible. WorkBoat stocks post small loss in September . Offshore driller Transocean has secured a contract with Houston-based EnVen Energy for the 2010-built ultra-deepwater drillship Discoverer Inspiration in the US Gulf of Mexico. The contract includes options for two more wells. The newest members of our fleet family will provide even more tools . The drilling activity is scheduled for March 2022. 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. Transocean Ltd. announced today that it has agreed with Sembcorp Marine's subsidiary, Jurong Shipyard Pte Ltd (JSPL), on the delayed delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan. The contract expires in September. 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.
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transocean drillships