Transocean Bags Deal for Actinia to Drill Offshore India for ONGC
Transocean Ltd. reported Thursday in its fleet update that the company has secured a three year contract with state-owned Oil and Natural Gas Corp. Ltd. (ONGC) for the Actinia (mid-water semisub) to work offshore India.
The semisub will commence work on the contract, with fetches a dayrate of $101,000, from May 2016 to June 2019. Atinia, which has been laid idle since August 2015, had previously worked for ONGC from June 2012 to July 2015.
Transocean also bagged a contract for the Deepwater Invictus (UDW drillship) to drill two wells offshore Trinidad for BHP Billiton between May and August at a dayrate of $350,000, while the firm's Dhirubhai Deepwater KG2 (UDW drillship) clinched a six month contract commencing in May.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 1 Offshore Rigs
- Private Oil Made a Big Find in Mexico. Now State Oil Wants a Cut (Oct 04)
- BHP Gearing Up to Start Drilling for Oil in Mexico's Deep Waters (Oct 02)
- BHP To Quit US Shale Business As Annual Profit Surges (Aug 22)
Company: ONGC more info
Operates 38 Offshore Rigs
Manages 8 Offshore Rigs
- Venezuela's PDVSA To Tap Oil Customers To Pay $449MM To ONGC (Nov 15)
- Sources: India ONGC Strikes 'Good' Offshore Oil, Gas Find (Sep 20)
- India To Acquire Seismic Data Of 48,000 Line kms To Boost Oil, Gas Output (Sep 12)
Company: Transocean Ltd. more info
Manages 46 Offshore Rigs
- Oil's Biggest Rigs Headed to Junkyard as Daily Losses Mount (Oct 18)
- Transocean To Buy Norwegian Rig Firm Songa Offshore For $1.1B (Aug 15)
- Borr Drilling Signs Deal With Transocean to Buy 15 Rigs (Mar 20)