ConocoPhillips takes Transocean midwater semisub on 13-well hire

July 16, 2018
ConocoPhillips has awarded the midwater semisubmersible Transocean 712 a 13-well contract (about 580 days) in the UK North Sea.

Offshore staff

STEINHAUSEN, Switzerland– ConocoPhillips has awarded the midwater semisubmersible Transocean 712 a 13-well contract (about 580 days) in the UK North Sea.

The contract is expected to begin in March 2019.

The estimated firm contract backlog is about $75 million. Additionally, the contract includes a one-well option.

07/16/2018