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

BP Amoco eyes gas exports to Turkey from Caspian giant discovery

07/12/1999 BP Amoco giant find opens prospects for Caspian Sea gas exports, plus Shell Expro's final act in the Brent Spar saga.

Operators detail upstream spending plans

HOUSTON�With the rebound in oil and gas prices, US producers are continuing to increase spending plans for the coming year.

Anadarko reports increased Bossier production

05/03/2000 Anadarko Petroleum Corp., Houston, on Wednesday reported increased natural gas production from a Dew field extension well in the Bossier sand play ...

Reports make conflicting predictions for industry M&A activity

05/15/2000 Two energy investment firms have drawn different conclusions from their analyses of first quarter merger and acquisition activity. While M&A activi...

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