Transocean Confirms Severe Damage to Jackup Offshore Malaysia

According to a status update issued by Transocean on Wednesday, the legs of one of its jackup drilling rigs was severely damaged in adverse weather offshore Malaysia.

As a result, the world's largest drilling contractor confirmed that the Trident XVII jackup will not return to work under is current contract with Petronas Carigali. The rig was contracted by the Malaysian state-owned oil major in September 2007 and was slated for operations at a contract dayrate of $185,000 until April 2010.

Transocean reported that the jackup was towed from location on November 17th, noting that "Repair operations are being evaluated, but the rig will not be able to return to work prior to the expiration of the previously reported contract."

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
Travel Wind O&M Tech
Expertise: Electrical Technician
Location: Illinois, IL
Protection and Control Specialist - Relays
Expertise: Electrical Technician|Electrician
Location: Cincinnati, OH
Slot Saw Operator - D-Shift
Expertise: Machinist|Mechanical Technician|Welding
Location: Lodi, CA
search for more jobs

Brent Crude Oil : $49.98/BBL 1.59%
Light Crude Oil : $49.18/BBL 1.56%
Natural Gas : $2.73/MMBtu 1.44%
Updated in last 24 hours