Statoil Terminates Contract for ‘Discoverer Americas’ Drillship

Norwegian oil major Statoil has decided to terminate its contract with Transocean for the ultra-deepwater drillship Discoverer Americas over a lack of work.  The drillship has been on contract with Statoil since 2009 in support of exploration activities in East and North Africa and the Gulf of Mexico.  Statoil says it decided to cancel the … [Read more...]

Statoil Renegotiates for the Discoverer Americas as Transocean’s Deepwater Asgard Arrives in the GoM

In Transocean's latest fleet update summary released this afternoon, their 6th generation drill ship Discoverer Americas will be officially heading back to the Gulf of Mexico this summer after her contract was renegotiated with Statoil.  Its current day rate, while operating off the coast of Tanzania is $735,000 per day, however in May, her new rate has been reduced to $611,000 … [Read more...]

Advanced Drillships Become Burden for Owners as Business Dries Up

By Sneha Banerjee and Swetha Gopinath (Reuters) - Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Now, with oil prices down by half since June, many have become a burden on their owners as drilling activity slows. Drillship … [Read more...]

Prediction: Statoil Will Axe the Discoverer Americas

Since she was delivered to Transocean in 2009, the 6th generation drillship Discoverer Americas has been on contract with Norwegian energy major Statoil.  Beginning with two wells in the Gulf of Mexico, she has since conducted exploratory campaigns off Egypt and now off Tanzania. In March 2014, roughly three months before an incredible crash in oil prices began, she signed a … [Read more...]

Discoverer Americas Drillship Makes Big Gas Discovery Offshore Tanzania

Transocean's 6th generation drillship Discoverer Americas drilled into a huge gas reservoir offshore Tanzania recently according to a statement today by Statoil, the operator of the rig. The Norwegian energy firm reports that the Giligiliani-1 discovery, located along the western side of block 2 at a 2,500-meter water depth, contains an estimated 1.2 trillion cubic feet of … [Read more...]