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."
Manages 53 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)
Company: PETRONAS more info
Operates 11 Offshore Rigs
- After Europe's Gas Market Disasters, LNG May Come to the Rescue (Dec 12)
- Petronas Unit Agrees Share Swap With Shell's Africa Operator (Dec 05)
- Malaysia's Petronas Asked To Exit Myanmar In Protest Of Rohingya Crisis (Nov 08)