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
1 039

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 - June 18th,2025
2025.06.18
221
Weekly Energy Digest - June 18th,2025
Crude futures jumped about $5 per barrel on Friday after Israel launched airstrikes against Iran wit…
Weekly Energy Digest - June 10th,2025
2025.06.10
649
Weekly Energy Digest - June 10th,2025
Oil prices ended higher on Friday as geopolitical risk related to the ongoing Ukraine-Russia war, al…
Weekly Energy Digest - June 3rd,2025
2025.06.03
320
Weekly Energy Digest - June 3rd,2025
Oil prices ended slightly lower after a week of minor ups and downs, with the markets focused on US…
Weekly Energy Digest - May 20th,2025
2025.05.21
1 207
Weekly Energy Digest - May 20th,2025
The US-China tariff agreement gave a boost to oil prices this week, which was somewhat dampened late…
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