Transocean stacks two rigs

Oct. 14, 2020
Transocean Ltd. has issued an update on its offshore drilling rig fleet.

Offshore staff

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

Reliance has exercised a 180-day option for the drillship Dhirubhai Deepwater KG1 offshore India. The ultra-deepwater drillship is also expected to be out of service for 18 days in 4Q 2020.

The drillships Deepwater Corcovado and Deepwater Mykonos are both expected to be out of service for 21 days in 4Q 2020. The ultra-deepwater drillships are under contract with Petrobras offshore Brazil.

The drillship Deepwater Invictus is expected to start its contract with BHP in the US Gulf of Mexico in November. The ultra-deepwater drillship is currently under contract with BHP offshore Trinidad.

The drillship Deepwater Asgard’s contract with Beacon Offshore in the US Gulf of Mexico is expected to end in November.

The semisubmersible Transocean Enabler is expected to undergo an 18-day special periodic survey in 2Q 2021. The rig is under contract with Equinor offshore Norway.

The semisub Transocean Encourage is expected to undergo a 21-day special periodic survey in 1Q 2021. The rig is under contract with Equinor offshore Norway.

The semisub Transocean Barents’ contract with Equinor offshore Canada is expected to end this month.

The semisub Leiv Eiriksson’s contract with ConocoPhillips offshore Norway is expected to end in December.

The drilling contractor has stacked the ultra-deepwater drillship Discoverer India and the semisub Transocean Leader. Since February 2016, Transocean has stacked 11 rigs: nine ultra-deepwater drillships and two semisubs.

The ultra-deepwater drillship Discoverer Inspiration was listed as idle.

As of Oct. 14, the company’s total backlog is about $8.2 billion.

10/14/2020