Oil and Gas News | Oil and Gas Jobs | Oil and Gas Engineering
The Oil & Gas Hub
  • Main
  • News
  • Photo
  • Video
  • Oilfield Jobs
  • Learning Section
  • Oil & Gas Calculator

Transocean Secures $222 Million Ultra-Deepwater Drillship Contract in Offshore India

2023.08.30
965

Transocean Ltd. has recently announced that the Dhirubhai Deepwater KG1, a drillship operating offshore India, has been granted a binding Notification of Award by Oil and Natural Gas Corporation Ltd. The 21-month program is anticipated to initiate in the first quarter of 2024. This endeavor is projected to contribute significantly, adding approximately $222 million to the backlog, excluding a mobilization fee of $5 million.

As an offshore drilling services provider in the oil and gas industry, Transocean operates internationally. The company specializes in tackling technically challenging segments of the global offshore drilling domain, placing a strong emphasis on services related to ultra-deepwater and severe environmental conditions. It boasts the world's most advanced floating offshore drilling fleet.

Presently, Transocean possesses ownership or partial interests in 37 mobile offshore drilling units, encompassing 28 ultra-deepwater floaters along with nine floaters built for harsh environments. Additionally, Transocean holds a noncontrolling stake in a venture responsible for the construction of an ultra-deepwater drillship.

Related Posts

Weekly Energy Digest - May 6th,2025
2025.05.06
170
Weekly Energy Digest - May 6th,2025
Oil benchmarks declined for most of the week, with fears of further OPEC+ output cut rollbacks compo…
Weekly Energy Digest - April 30th,2025
2025.04.30
372
Weekly Energy Digest - April 30th,2025
Oil prices fell for the week on the back of OPEC+ members’ discussion about an additional supp…
Weekly Energy Digest - April 22th,2025
2025.04.22
536
Weekly Energy Digest - April 22th,2025
Oil benchmarks recorded their first weekly gain in 3 weeks. Oil markets spent most of the week seeki…
Weekly Energy Digest - April 15th,2025
2025.04.15
718
Weekly Energy Digest - April 15th,2025
Oil prices continued their decline this week, reaching four-year lows due to escalating US-China tra…
Market quotes are powered by TradingView.com
© Oil and Gas News | Oil and Gas Jobs | Oil and Gas Engineering, 2025
ADVERTISE  | Contact Us  | Privacy Policy  
Made in studio Zuber