Development Driller III secures contract offshore Trinidad and Tobago

Dec. 13, 2019
The Transocean Ltd. semisubmersible Development Driller III has received a one-year contract from an unnamed operator offshore Trinidad and Tobago.

Offshore staff

STEINHAUSEN, Switzerland – The Transocean Ltd. semisubmersible Development Driller III has received a one-year contract from an unnamed operator offshore Trinidad and Tobago.

The contract is expected to start in 2Q 2020 and will contribute approximately $91 million of contract backlog, excluding mobilization reimbursement.

According to Transocean’s most recent fleet status report, the Development Driller III is offshore Equatorial Guinea under a one-year contract with ExxonMobil. The contract is expected to end in February 2020.

12/13/2019