Transocean reactivates ultra-deepwater semi, secures work for idle rigs

Transocean has issued an update on its offshore drilling rig fleet and as of July 25, 2017, the company’s contract backlog is $10.2 billion.

Offshore Australia, Quadrant Energy has awarded the ultra-deepwater semi submersible GSF Development Driller I a three-well contract plus two one-well options. Following a cold-stacked reactivation and mobilization, the floater is expected to begin operations in 1Q 2018.

Off Myanmar, Woodside exercised two one-well options for the ultra-deepwater drillship Dhirubhai Deepwater KG2.

In the US Gulf of Mexico, Deep Gulf Energy has contracted the ultra-deepwater drillship Deepwater Asgard  for two wells. The drillship was previously idle.

The ultra-deepwater semisubmersible Development Driller III was awarded a two-well contract. The customer and location was not disclosed. The semi was previously idle.

In the UK North Sea, BP awarded the harsh environment semisub Paul B. Loyd, Jr. a one-well option.

In the Norwegian North Sea, Aker BP exercised three one-well options for the harsh environment semi Transocean Arctic. Drilling is expected to begin in September.

The midwater floaters Transocean Prospect and Transocean Searcher were classified as held for sale. Transocean said the rigs will be recycled in an environmentally responsible manner.

Image of Drillship DEEPWATER CHAMPION with IMO as 9471862 offshore Marsaxlokk Harbour, Malta back to 6th March ,2011 - www.maltashipphotos.com