Upstream

Transocean Wins $193 Million Ultra-Deepwater Drillship Contract


Published: Friday October 18, 2024
By: Oilfield Africa Review

Transocean Ltd. has announced a one-year contract for the Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of Mexico. The contract is expected to commence in October 2025 and contribute approximately $193 million in backlog, including additional services.

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business, with a particular focus on ultra-deepwater and harsh environment drilling services. It operates the highest-spec floating offshore drilling fleet in the world.

Transocean owns or has partial ownership interests in and operates a fleet of 34 mobile offshore drilling units, including 26 ultra-deepwater floaters and eight harsh-environment floaters.

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