Stock Photo: By Alex Polo / Shutterstock
Offshore drilling contractor Transocean has issued its quarterly Fleet Status Report detailing contract updates for its offshore drilling rigs.
The report reveals an incremental backlog of approximately $656 million during the quarter and a total backlog of $8.8 billion as of July 24, 2024.
Several new contracts have been awarded with dayrates exceeding $500,000, reflecting the trend of higher dayrates in the offshore drilling market.
Notable contracts include Deepwater Atlas in the U.S. Gulf of Mexico a dayrate of $580,00, including contingencies up to $650,000, Deepwater Asgard with a 365-day extension at $515,000, and Transocean Norge in Norway at $517,000. Other contracts include extensions and options for Deepwater Invictus, Transocean Spitsbergen, Transocean Endurance, and Deepwater Mykonos.
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