Transocean Secures $531 Million Drillship Contract with bp.

2 August, 2024Uncategorized

Congratulations on a significant contract for its ultra-deepwater drillship, Deepwater Invictus, with bp in the U.S. Gulf of Mexico. The 1,095-day contract will commence in the first quarter of 2025, contributing approximately $531 million in backlog, excluding additional services and a mobilization fee.

Key Points:

◾Contract Value: $531 million.

◾Duration: 1,095 days.

◾Commencement: Q1 2025.

◾Location: U.S. Gulf of Mexico.

◾Client: bp.

This contract highlights Transocean’s strong position in the ultra-deepwater drilling market.