Transocean has secured approximately $1 billion in drilling contracts from Equinor for three harsh-environment semisubmersibles offshore Norway, while Shell has awarded a separate two-well contract to the Transocean Norge rig.
Transocean has secured a two-well contract with A/S Norske Shell for the harsh environment semisub Transocean Norge.
The estimated 120-day program offshore Norway will likely begin in direct continuation of the rig’s previously awarded programs. The $62-million contract terms include an option for a further well.
Late last month, Equinor issued final approval for a previously announced agreement for three harsh environment semis in Norway: Transocean Enabler, Transocean Encourage, and Transocean Endurance.
The total value to Transocean is about $1 billion.
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