The deepwater drillship contract runs 21 months and is expected to begin in first-quarter 2024. It will contribute $222 million in backlog, excluding a mobilization fee of $5 million.
Transocean is an international provider of offshore contract drilling services for oil and gas wells. The company operates a fleet of 37 mobile offshore drilling units—28 ultra deepwater floaters and nine harsh environment floaters.
2023-11-02 - The wildcatter’s two newest wells have come in with up to 35 MMcf/d as Comstock Resources drills in the Haynesville Shale north of Houston.
2023-09-28 - Shale legend Dick Stoneburner walks Hart Energy's Jordan Blum through his pivot from the U.S. to Australia with Tamboran Resources and his confidence in the Beetaloo Basin compared to the Permian in this Hart Energy LIVE Exclusive.
2023-11-06 - Amid an all-stock buying bonanza in recent weeks spurred on by Exxon Mobil and Chevron to snatch up shale and international assets, APA remains focused on creating value.
2023-10-26 - Aker BP’s subsea tieback in the Kobra East & Gekko project is the second of three tiebacks the company has planned to send production to the Alvheim FPSO in the North Sea.
2023-09-25 - As public E&Ps hold fast with capital discipline, even exuberant prices might not be enough to substantially bump up production, although private operators remain a wild card, analysts said.