Transocean retires four floaters

July 24, 2018
Transocean Ltd. has provided an update on its offshore drilling rig fleet.

Offshore staff

STEINHAUSEN, Switzerland – Transocean Ltd. has provided an update on its offshore drilling rig fleet.

Offshore Equatorial Guinea, ExxonMobil has awarded the ultra-deepwater semisubmersibleDevelopment Driller III a 180-day contract. Following maintenance, reactivation and a contract preparation period, the floater is expected to begin operations in 1Q 2019.

In the UK North Sea, ConocoPhillips has awarded the midwater semisubTransocean 712 a 13-well contract plus a one-well option. Drilling is expected to begin in March 2019. Plus, Azinor Catalyst has awarded the harsh environment semi Transocean Leader a one-well contract. Drilling is expected to start next month.

Offshore Norway, Equinor has awarded the harsh environment semisubTransocean Spitsbergena three-well contract plus six one-well options. In addition, Equinor has exercised two one-well options. Faroe Petroleum has exercised a one-well option for the harsh environment semi Transocean Arctic.

Offshore eastern Canada, Suncor Energy has awarded the harsh environment semiTransocean Barents a six-month contract extension plus an option.

In the Gulf of Mexico, Murphy Oil Corp. has exercised a one-well option for the ultra-deepwater drillshipDeepwater Asgard.

Offshore Australia, Chevron has awarded the ultra-deepwater semiGSF Development Driller Ian 11-well contract plus four one-well options. Drilling is expected to begin in January 2019.

Off Malaysia, Shell has exercised two one-well options for the ultra-deepwater semisubDeepwater Nautilus.

The company has retired the ultra-deepwater drillshipsDeepwater Discovery, Deepwater Frontier, Deepwater Millennium, and the midwater semisub Songa Trym.

The drilling contractor said that the harsh environment semisubTransocean Norge is expected to be delivered from the Jurong Shipyard in January 2019.

07/24/2018