Transocean receives two drillship contracts

By OGJ editors
HOUSTON, June 20 -- Transocean Inc., Houston, has received contracts for two of its dynamically positioned drillships.

Anadarko Petroleum Corp. let a 2-year contract for use of the Deepwater Millennium drillship in the Gulf of Mexico. The contract, which replaces an earlier 6-month agreement from Anadarko that included unexercised options, could generate as much as $209 million in revenue, Transocean said.

Seperately, a Shell subsidiary let a contract covering Transocean's Deepwater Expedition drillship for a 90-day, three-well program plus a 30-day option well in the Mediterranean Sea off Egypt. The drilling is to begin in November. Transocean said that deal could generate $22 million in revenue.

Related Articles

Oil and gas midstream ripe for investment, Deloitte specialists say

05/14/2014 Surging US production has made oil and gas midstream operations attractive investment prospects, three Deloitte specialists said during the final d...

OTC: Shale, deepwater development present different challenges

05/06/2014 The oil and gas industry continues to unlock greater resources both onshore and offshore—in shale formations and in deepwater. Growing production f...

Anadarko settles legacy claims against Kerr-McGee for $5.15 billion

04/07/2014 Anadarko Petroleum Corp. and subsidiaries it acquired when it bought Kerr-McGee Corp. in 2006 agreed to pay $5.15 billion to settle fraudulent conv...

Brightoil Petroleum to buy Anadarko’s China subsidiary for $1.075 billion

02/18/2014

Brightoil Petroleum Holdings Ltd. of China plans to buy Anadarko Petroleum Corp.'s subsidiary in China for $1.075 billion.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected