Transocean drillship staying on Gulf of Mexico task with UnitedStates oil & gas company for another year

Transocean drillship staying on Gulf of Mexico task with UnitedStates oil & gas company for another year

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Home Fossil Energy Transocean drillship staying on Gulf of Mexico responsibility with UnitedStates oil & gas company for another year

June 26, 2024, by Melisa Čavčić

Switzerland-based overseas drilling professional Transocean has tucked a multi-million agreement extension in the U.S. Gulf of Mexico under its belt for an ultra-deepwater drillship used by Hess Corporation, a U.S.-based oil and gas gamer.

Deepwater Asgard drillship; Source: Transocean

Set to bring around $188 million in stockpile, consistingof extra services, the mostcurrent agreement extension for the Deepwater Asgard drillship will allow the rig to keep working for Hess in the U.S. Gulf of Mexico.

With 365 days included to the rig’s stockpile, the extra scope of work, which is anticipated to start in direct extension of the drillship’s present program, will keep the floater hectic till June 2026.

The previous contract extension for the 2014-built Deepwater Asgard drillship was divulged in April 2024 for another 365 days with a day rate of $505,000.

With a optimum drilling depth of 40,000 feet, the Deepwater Asgard ultra-deepwater dual-activity DSME 12000 drillship can accommodate 200 individuals and carryout activities in water depths of up to 12,000 ft.

Transocean justrecently won multimillion-dollar agreement extensions for 3 rigs with Australia’s Woodside Energy, Germany’s Wintershall Dea, and Norway’s Equinor.

The overseas drilling heavyweight likewise verified prepares to sell one of its stacked ultra-deepwater floaters to turn its attention to its core fleet properties.

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