Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/transocean-ltd-provides-fleet-update-summary-9.shtml

Transocean Ltd. provides fleet update summary

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

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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 April 17, 2014. The total value of new contracts since the April 17, 2014 Fleet Status Report is approximately $953 million.

Other highlights include:

Dhirubhai Deepwater KG1 - Awarded a three year contract offshore Brazil at a dayrate of $440,000 ($482 million estimated backlog). The rig's prior dayrate was $510,000. Paul B. Loyd, Jr. - Awarded a two year contract extension in the U.K. North Sea at a dayrate of $430,000 ($314 million estimated backlog). The rig's prior dayrate was $447,000. GSF Development Driller II - Awarded a three-well contract in the Black Sea offshore Romania at a dayrate of $360,000 ($97 million estimated backlog). The rig's prior dayrate was $606,000. GSF Constellation II - Customer exercised a one year option offshore Gabon at a dayrate of $165,000 ($60 million estimated backlog). The rig's prior dayrate was $165,000. Sedco 706 - The remaining backlog from the Sedco 710 contract in Brazil has been transferred to the Sedco 706.

Tags: Transocean Ltd.