Transocean Ltd. Provides Fleet Update Summary
OREANDA-NEWS. Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a monthly Fleet Update Summary, which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the July 15, 2015 Fleet Status Report. The total value of new contracts since the last report is approximately \\$35 million.
The report includes the following:
- Dhirubhai Deepwater KG2 - Awarded a contract extension for approximately three months offshore India at a dayrate of \\$295,000 (\\$25 million estimated backlog).
- Transocean Barents - Awarded a one well extension in the Norwegian North Sea at a dayrate of \\$300,000 (\\$10 million estimated backlog).
- The Sedco Express, GSF Rig 135, Actinia, Transocean Searcher and Transocean Prospect are idle.
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.
Transocean owns or has partial ownership interests in, and operates a fleet of, 63 mobile offshore drilling units consisting of 27 ultra-deepwater floaters, six deepwater floaters, seven harsh-environment semisubmersibles, 13 midwater semisubmersibles, and 10 high-specification jackups. In addition, the company has seven ultra-deepwater drillships and five high-specification jackups under construction.