Development Driller III secures contract offshore Trinidad and Tobago

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

The semisubmersible drilling rig Development Driller III.
The semisubmersible drilling rig Development Driller III.
(Courtesy Transocean)

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

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