Transocean stalls delivery of five jack-up rigs once more

Transocean Ltd., a drilling contractor, has amended its construction contracts with Singapore’s Keppel FELS to further delay the delivery of its five newbuild high-specification jack-ups.

This is in addition to the six-month delay announced in February 2015. Transocean ordered the rigs in November 2013.

New contracts

In its latest fleet update, Transocean said that the total value of new contracts since its April fleet update is approximately $52 million.

Transocean’s ultra-deepwater semi-submersible rig GSF Development Driller II has been awarded a contract extension for approximately 100 days offshore Romania with Lukoil at a dayrate of $315,000.

India’s ONGC has awarded a contract extension for GSF Rig 140 for approximately 120 days at a dayrate of $156,000.

Erin Energy, formerly known as CAMAC Energy, has awarded a contract extension for 18 days to Sedco Express. The rig is operating on Oyo field, offshore Nigeria, at a dayrate of $300,000.

Three idle

According to the company’s fleet status report, the high-spec floaters Transocean Marianas, GSF Celtic Sea, and M.G. Hulme, Jr. are idle.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 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 29 1

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

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