Offshore servicer Transocean announced a $232 million ultra-deepwater contract for the Deepwater Atlas drillship with BP in the Gulf of Mexico. (Source: Shutterstock)
Offshore servicer Transocean announced a $232 million ultra-deepwater contract for the Deepwater Atlas drillship with BP in the Gulf of Mexico, Transocean announced Sept. 10.
The contract has a 365-day duration and is expected to commence in second-quarter 2028. Transocean said no additional services will be provided under the contract.
Deepwater Atlas is the world’s first eighth generation ultra-deepwater drillship.
This announcement follows the company’s contract for six wells offshore India by Reliance Industries, valued at approximately $123 million.
Recommended Reading
Five Point Forms PowerBridge with $1B Commitment to Build Data Centers
2025-05-15 - Five Point Infrastructure has formed PowerBridge LLC with a $1 billion equity commitment to develop and manage gigawatt-scale data centers and associated infrastructure.
Apollo Makes Strategic Investment in T.D. Williamson
2025-06-10 - Apollo Global Management has made an investment in global infrastructure technology and services company T.D. Williamson, which will remain majority owned by SCF Partners.
OpenAI’s Sam Altman to Step Down as Oklo Chairman
2025-04-22 - Oklo CEO Jacob DeWitte is replacing Sam Altman as Oklo Inc.’s chairman of the board.
Banks’ Oil, Gas Price Decks Steady Despite Global Uncertainty
2025-06-27 - Haynes Boone’s annual spring survey of energy lender price decks shows some near-term movement, before settling at fall 2024 survey prices with oil in the mid-$50s through 2034.
1Q25 Trend: US Producers Pivot on Market Uncertainty, Cut Capex and Rigs
2025-05-14 - Macro volatility and price uncertainty topped most discussions in first-quarter earnings calls as companies including Diamondback Energy, Occidental Petroleum and Coterra Energy reduce spending and rig counts.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.