BP extends semisub Deepwater Horizon contract

A subsidiary of BP has awarded Transocean a three-year contract extension for the semisubmersible Deepwater Horizon.

Offshore staff

ZUG, Switzerland -- A subsidiary of BP has awarded Transocean a three-year contract extension for the semisubmersible Deepwater Horizon. The extension, which covers operations in the Gulf of Mexico, begins in September 2010.

Capable of operating in water depths up to 10,000 ft (3,048 m), the Deepwater Horizon entered service in 2001 and recently set the world record for the deepest oil and gas well at 35,050 ft (10,683 m) total vertical depth, drilled for BP.

09/29/2009

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