Scandinavian Oil-Gas Magazine

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Transocean Ltd. provides fleet update summary

Transocean Ltd. issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts and changes in

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Transocean Ltd.

Transocean Ltd. issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts and changes in estimated planned out-of-service time of 15 or more days since October 16, 2013. The total value of new contracts since the October 16, 2013 Fleet Status Report is approximately $166 million.

Other items include:

Discoverer Enterprise - Awarded a nine-month contract extension for work in the U.S. Gulf of Mexico at a dayrate of $615,000 ($166 million estimated backlog). The rig's prior dayrate was $515,000. The ultra-deepwater floater, Deepwater Discovery, is idle. Estimated 2013 planned out-of-service time increased by a net 37 days; estimated 2014 planned out-of-service time increased by a net 6 days. The company sold the standard jackup, GSF Rig 127, which was previously held for sale. The details of the transaction have not been disclosed.

Tags: Transocean Ltd.