Shell, Hurricane contract Transocean semisubs

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

The semisubmersible Deepwater Nautilus is currently under contract to Shell offshore Malaysia.
The semisubmersible Deepwater Nautilus is currently under contract to Shell offshore Malaysia.
(Courtesy Transocean)

Offshore staff

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

In the UK North Sea, Hurricane Energy awarded the harsh environment semisubmersible Paul B. Loyd, Jr. a 255-day contract, which is expected to run from February 2020 to September 2020. From February to April the day rate is $160,000. From April to September it is $205,000.

Offshore Brunei, Shell has awarded the ultra-deepwater semisubmersible Deepwater Nautilus a 45-day contract, which is expected to run from January to February 2020 at a day rate of $175,000. The semi is currently under contract to Shell off Malaysia.

Offshore Egypt, Burullus has exercised a one-well option for the ultra-deepwater drillship Discoverer India. The day rate is $170,000. The contract is expected to end in April 2020.

The ultra-deepwater drillship Deepwater Orion (formerly known as Ocean Rig Poseidon) was listed as idle.

10/17/2019

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