Transocean announces rig contracts with ConocoPhillips, Chevron

ConocoPhillips has let a 13-well contract to Transocean for the Transocean 712 semisubmersible drilling rig in the UK North Sea. Separately, Chevron Corp. signed an 11-well contract for Transocean’s GSF Development Driller I ultradeepwater semisubmersible drilling rig for work offshore Australia.

OGJ editors

July 17, 2018

ConocoPhillips has let a 13-well contract to Transocean Ltd. for the Transocean 712 semisubmersible drilling rig in the UK North Sea. Separately, Chevron Corp. signed an 11-well contract for Transocean’s GSF Development Driller I ultradeepwater semisubmersible drilling rig for work offshore Australia.

The ConocoPhillips’ contract for the midwater Transocean 712 is expected to begin in March 2019 and run about 580 days. The contract includes a one-well option.

Chevron’s contract for the GSF Development Driller I is expected to start in the first half 2019 and run about 955 days. The contract includes four single-well options, Transocean said.