Petrobras Expands Contract for Two Transocean Drillships, Increasing Its Order Book by $297 Million

Written by Paulo Nogueira

Published on 19/11/2020 at 12:36

Deepwater Mykonos/ Fonte – Transocean

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Offshore Drilling Contractor Transocean Obtained Contract Extensions for Two of Its Drill Ships Working for Petrobras

Transocean said on Wednesday (18) that Petrobras exercised a pre-existing fixed-price option of 680 days for the Deepwater Corcovado, and a pre-existing fixed-price option of 815 days for the drill ship Deepwater Mykonos.

Together, these contract extensions add approximately US$ 297 million to Transocean’s backlog. Both rigs will continue operating in Brazil and are subject to annual indexing escalations of daily rates. The initial contracts for the two drill ships were awarded in March 2019.

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Petrobras Expands Contract for Two Transocean Drillships, Increasing Its Order Book by $297 Million

Offshore Drilling Contractor Transocean Obtained Contract Extensions for Two of Its Drill Ships Working for Petrobras

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Petrobras Expands Contract for Two Transocean Drillships, Increasing Its Order Book by $297 Million

Offshore Drilling Contractor Transocean Obtained Contract Extensions for Two of Its Drill Ships Working for Petrobras

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The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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