Contracts lengthened for two Transocean drillships

Two deepwater operators have extended current drillship contracts with Transocean, the company reported Oct. 15.

In the US Gulf of Mexico, the client exercised a 365-day option for the Deepwater Atlas at a day rate of $635,000.

Another client opted to retain the Deepwater Mykonos for a further 30 days offshore Brazil.

Transcoean estimates the combined revenues from the two extensions at about $243 million.