Transocean issued its May 2015 monthly fleet update summary, which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the 16 April 2015 fleet status report. The total value of new contracts since the last report is approximately US$52 million.
GSF Development Driller II was awarded a contract extension by Lukoil for approximately 100 days offshore Romania at a dayrate of $315,000 ($28 million estimated backlog).
GSF Rig 140 was awarded a contract extension by ONGC for approximately 120 days offshore India at a dayrate of $156,000 ($19 million estimated backlog).
Sedco Express was awarded a contract extension by Camac for 18 days offshore Nigeria at a dayrate of $300,000 ($5 million estimated backlog).
The Transocean Marianas, GSF Celtic Sea, and M.G. Hulme, Jr. are idle.
The estimated 2015 out-of-service time decreased by a net 27 days.
On 7 May 2015, the company amended its construction contracts with Keppel FELS to further delay the delivery of its five newbuild high-specification jackups. This is in addition to the six-month delay announced in February 2015.
Transocean owns or has partial ownership interests in, and operates, a fleet of 65 mobile offshore drilling units consisting of 41 high-specification floaters (ultra-deepwater, deepwater and harsh- environment drilling rigs), 14 midwater floaters and 10 high-specification jackups.
In addition, the company has seven ultra-deepwater drillships and five high-specification jackups under construction.
Image: Sedco Express / Transocean
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