Transocean Ltd. Transocean Ltd. (RIG Quick Quote RIG - Free Report) recently secured a firm contract worth $252 million for its new-build ultra-deepwater drillship the Deepwater Atlas from BOE Exploration . EnVen Energy Corp. let a contract to a Transocean Inc. subsidiary for use of the Transocean Discoverer Inspiration, an ultra-deepwater drillship. STEINHAUSEN, Switzerland, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that BOE Exploration & Production LLC ("BOE") awarded Transocean a $252 million firm contract. Both the. The drillship duo had been expected to cost $1,08 billion when it was ordered in 2014, then in the Annual Report for 2019, Transocean said the cost would be around $2,07 billion in total - $925M for the then uncontracted Atlas, and $1,15B for the Titan. Transocean specialises in technically demanding environments, specifically ultra-deepwater and harsh environments (photo: Transocean) Transocean Ltd. has announced that it has signed a rig design and construction management contract, as well as a 5-year drilling contract, with Chevron USA, Inc. for one of its two dynamically positioned ultra-deepwater drillships currently under construction at . Transocean's (RIG) Norge drillship clinches a four-well contract in Norway with five one-well options. Deepwater Atlas: Delivery of the drillship is now expected to be in December 2021. Source: Transocean 2Q 2019 report. The contract is set to start and end in December 2021 with a day rate of $190,000. Transocean Ltd. has been awarded a $252 million firm contract from BOE Exploration & Production LLC for its newbuild ultradeepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million, the company said on Aug. 26.Additionally, the contract provides for a significant performance bonus opportunity based upon agreed operating metrics. Transocean lands $252 million contract for new ultra-deepwater drillship . The remaining three drillships are expected to be delivered from the shipyard at . STEINHAUSEN, Switzerland, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that BOE Exploration & Production LLC ("BOE") awarded Transocean a $252 million firm contract for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million.Additionally, the contract provides for a significant performance bonus opportunity . US-listed drilling company Transocean Inc has deferred the delivery of two ultra-deepwater drillships being constructed at Singapore's Sembcorp Marine. Between 50 and 110. Transocean has delayed the delivery of the first two drillships capable of drilling and completing wells requiting 20,000-psi pressure control and told investors they are arriving at a time when the demand for ultrahigh performance is coming back. The company is also building two ultra-deepwater drillships. In addition, Transocean is constructing two ultra-deepwater drillships. Transocean announced that it has agreed with Sembcorp Marine's subsidiary, Jurong Shipyard Pte Ltd (JSPL), on the delayed delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan. Transocean strikes new delivery terms for two 20,000 psi-capable deepwater drillships 6/7/2021 STEINHAUSEN, SWITZERLAND -- Transocean announced that it has agreed with Sembcorp Marine's subsidiary,. Transocean | 371,452 followers on LinkedIn. HOUSTON-- (BUSINESS WIRE)-- EnVen Energy Corporation announced today its execution of a drilling contract with a subsidiary of Transocean Inc. for the use of the Transocean Discoverer Inspiration,. Among those deals was a one-well option with BHP for the Deepwater Invictus drillship in the US Gulf of Mexico. The most noteworthy element of this contract is the fact that it will be the first rig rated for 20,000 psi operations, and with that advanced technology comes a high rate of $455,000 per day. As a result of the deal, Ocean Rig has found a solution to their uncertain future and Transocean has gained a fleet of ultra deepwater drillships and one (or two if they're lucky) harsh environment semisubs at decent prices. Now, Transocean expects the drillships will cost it around $2,25 billion in total. In addition, Transocean is constructing two ultra-deepwater drillships. The notes will be used to help fund part of the construction cost of four new drillships. Transocean announced today their acquisition of Ocean Rig for $2.7 billion in a cash and stock transaction. According to Transocean, the drillships are the most capable and highest specification rigs in the world and will include the first 20,000 psi well control system. in London. As part of the agreement, JSPL has agreed to accept deferred payment for both rigs. They are the only rigs to feature a 3,000,000 pound hook-load and will include the first 20,000 psi well control system. 8/26/2021. Transocean strikes new delivery terms for two 20,000 psi-capable deepwater drillships . Transocean announced that BOE Exploration & Production LLC ("BOE") awarded Transocean a $252 million firm . ZUG, SWITZERLAND--(Marketwire - Sep 28, 2012) - Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that it has been awarded 10-year contracts for four newbuild dynamically positioned ultra-deepwater drillships by Royal Dutch Shell (Shell).Shipyard delivery for the first drillship is scheduled for mid-2015. Sept. 10 - Fitch Ratings has assigned a 'BBB-' to Transocean Inc.'s (NYSE:RIG) proposed senior note issuance. Transocean Ltd. has announced that BOE Exploration & Production LLC awarded a USD 252 million firm contract for Transocean's newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilisation fee of USD 30 million. Transocean has secured a new drilling contract for one of its #ultradeepwater #drillships #offshoredrilling #rig #GulfofMexico EnVen Energy Corporation Transocean drillship gets fresh drilling gig STEINHAUSEN, Switzerland, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that, later this year as part of its current drilling contract with Equinor, the Transocean . How We Operate Our crews operate in virtually every major offshore drilling province in the world. Transocean Ltd. announced that BOE Exploration & Production LLC awarded Transocean a $252 million firm contract for its new, ultra-deepwater drillship, the Deepwater Atlas. Equinor (NYSE: EQNR) has hired the Transocean Norge for a contract slated to run from April to May of this year, and the rig's current contract dayrate is $294,000, Transocean noted. According to Transocean, the delay has no impact on the duration or . STEINHAUSEN, Switzerland- August 26, 2021-Transocean Ltd. (NYSE: RIG) announced today that BOE Exploration & Production LLC ('BOE') awarded Transocean a $252 million firm contract for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million. Transocean. Transocean on Friday said it had signed a rig design and construction management contract, as well as a five-year drilling contract, with Chevron USA, Inc. for one of its two dynamically positioned ultra-deepwater drillships currently under construction at the Jurong shipyard in Singapore. STEINHAUSEN, Switzerland, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that BOE Exploration & Production LLC ("BOE") awarded Transocean a $252 million firm contract. Transocean announced that BOE Exploration & Production LLC ("BOE") awarded Transocean a $252 million firm . Transocean also took over the rights to two drillships still under construction, Ocean Rig Crete and sister ship Ocean Rig Santorini. Transocean Strikes New Delivery Terms for Two Deepwater Drillships. They actually generate power, which can be stored for later use. Posted 08/06/2021 13:55. . The contract signed by Transocean includes rig design and construction management, as well as a five-year drilling agreement. June 10, 2021 By Stephen Rassenfoss Journal of Petroleum Technology Transocean Offshore, Engineering, Subsea, Drilling, Transocean Rig, Drillship, Company, Transocean Rigs, Platform, Houston - www.subseacompanies.com Company Profile Switzerland-based Transocean is the world's largest offshore drilling contractor and leading provider of drilling . Additionally, the contract provides for a significant performance bonus opportunity based . Transocean delays delivery of two drillships from Sembcorp Marine. Offshore drilling contractor Transocean has landed a $252m firm deal with Beacon Offshore Energy for its newbuild ultra-deepwater drillship Deepwater Atlas for work on the Shenandoah . The company specializes in technically . 11 vessels are 2015 vintage and earlier, while 18 can drill at 40,000 feet deep at 12,000 feet of water. EnVen has committed to one firm well with . Additionally, the contract provides for a significant performance bonus opportunity based upon agreed operating . A hefty performance bonus based on agreed-upon operating indicators is also included in the contract. STEINHAUSEN, Switzerland—December 28, 2018—Transocean Ltd. (NYSE: RIG) announced today that it has signed a rig design and construction management contract, as well as a five-year drilling contract, with Chevron USA, Inc. ("Chevron") for one of its two dynamically positioned . Transocean has hailed a "monumental achievement" in striking a deal with shipyard owners to defer $460m payments on two new-build drillships. Transocean Ltd. RIG recently secured an agreement with Jurong Shipyard, a Sembcorp Marine subsidiary in Singapore, to postpone the delivery of two ultra-deepwater drillships Deepwater Atlas and . As part of the agreement, JSPL has agreed to . Chip Keener, whose rig-storage consulting firm advises Transocean, compares it to what would happen if you left a high-tech new car parked in the garage for months. Transocean Ltd. Secures $252 Million Contract for Newbuild, Ultra-Deepwater Drillship. According to Transocean's fleet status report released on 22 June, it has deferred the delivery by two years. Transocean lands $252 million contract for new ultra-deepwater drillship. Forward-Looking Statements The statements described herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. STEINHAUSEN, Switzerland, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. 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