Deepwater Millenium Receives 3 Year Contract Extension

Transocean Inc. announced that the ultra-deepwater drillship Deepwater Millennium has been awarded a three-year contract extension by Anadarko Petroleum Corporation, commencing in June 2010.

The estimated contract revenues which could be generated over the three-year contract period are approximately $586 million. Estimated contract revenues represent the maximum amount of revenues that may be earned in the firm contract period, excluding revenues for mobilization, demobilization and cost escalations.

The Deepwater Millennium is one of 34 High-Specification Floaters in the Transocean fleet, 13 of which are Ultra-Deepwater Floaters. The rig, which entered service in 1999, is capable of operating in water depths of up to 10,000 feet.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Static Equipment / LNG Tank Engineer
Expertise: Mechanical Engineering
Location: Houston, TX
ARAMCO QM20 Third Party Inspector
Expertise: Electrical Engineering|QA / QC / Inspection|Technical Writing
Location: Bolingbrook, IL
Power Generation Technician
Expertise: Electrical Technician|Electrician|Maintenance Technician
Location: Broussard, LA
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours