Report: Transocean taking UDW drillship out of mothballs

World’s largest offshore driller Transocean is reportedly set to reactivate its 2010-built ultra-deepwater drillship Discoverer India.

Idle since December 2016, the Discoverer India is expected to embark on a new contract on June 1, 2018.

This is according to VesselValue which reports that the rig deal was fixed on Monday, February 5. The contract is for six months.

VesselsValue did not disclose the name of the client nor the expected dayrate for the contract.

Transocean last issued its fleet status report in October 2017. At the time, the company said the Discoverer India would undergo a strategic upgrade estimated at $27 million to be incurred in 2017.

The drillship had been on a contract with India’s Reliance until late 2016, when Reliance elected to  terminate the contract early, effective December 2016, prior to its expiration in January 2021.

In accordance with the contract, Transocean said it would to be compensated by Reliance for the early termination through a lump-sum payment of $160 million.

The drillship had worked for Reliance in India since late 2010 under a minimum five-year drilling contract which Reliance then extended to ten years.

The Discoverer India is a 2010-built drillship of a Transocean Offshore Enhanced Enterprise Class built by the South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME).

The rig is equipped to drill wells up to 35,000 feet total depth in water depths of 10,000 feet and, with additional equipment, can be upgraded to drill up to 40,000 feet total depth in water depths up to 12,000 feet.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

Arabia 2018 Conference and Exhibition

Offshore Arabia is a focused prestigious meeting place of the Offshore Industry, and it’s diverse spectrum from the Oil & Gas…

read more >

International Petroleum (IP) Week 2018

International Petroleum (IP) Week, hosted by the Energy Institute (EI) is a renowned and highly respected event where leaders from the global…

read more >

FPSO Europe Congress 2018

The FPSO Europe Congress 2018 builds on these themes, lending a particular focus to FPSO Value Preservation and Operational Excellence…

read more >

Offshore Pipeline Technology

Join 200+ key offshore pipeline professionals to exchange ideas, innovation and technology development to help…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply