Transocean Ltd. inks ultra-deepwater drillship contract

Source: press release, 31 January 2023

Ultra-deepwater ‘Dhirubhai Deepwater KG2’ drillship
Ultra-deepwater ‘Dhirubhai Deepwater KG2’ drillship (photo: Transocean Ltd.)

Transocean Ltd. has announced that the ultra-deepwater drillship Dhirubhai Deepwater KG2 has been awarded a 910-day contract by a national oil company for work offshore Brazil.

The estimated backlog of USD 392 million excludes a mobilisation fee of 90 times the contract dayrate.

The new contract is expected to commence in the third quarter of 2023.