1. Home
  2. /
  3. / Transocean obtained a contract extension for the Petrobras 10000 drillship.
reading time 2 min read

Transocean obtained a contract extension for the Petrobras 10000 drillship.

Written by Paulo Nogueira
Published 01/10/2018 às 03:45

Uncategorized

icon

Addendum of 790 days in the contract, fills with hope the offshore market that is shaken, but showing recovery.

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. This multinational specializes in technically demanding sectors of the global business in this area, with a particular focus on deepwater drilling services and harsh environments and believes it operates one of the most variable drilling fleets in the world.

It owns or has partial interests and operates a fleet of 41 mobile offshore drilling units, comprising 23 deepwater floaters and 4 intermediatewater floaters, and is building two ultradeepwater drillships, a harsh semi-submersible environment in the which the company holds a 33% stake.

— ARTICLE CONTINUES BELOW —
See also other features
compressor
PORTABLE COMPRESSOR
With the Wireless Portable Mini Air Compressor, you can inflate car, motorcycle or bike tires effortlessly, wirelessly and with pre-set pressure.
Episodes Icon Buy

With all this positive baggage in its historic curriculum, Transocean Ltd, announced on Friday (28/09/2018) that the Petrobras 10000 a deepwater drillship received a 790-day extension. With this amendment, the contract is extended until October 2021, with a net backlog of approximately US$185 million including cost escalation.

The company will additionally receive 5% of royalties per day, totaling an estimated revenue of US$16 million from October this year to October 2021, associated with the use of dual activity technology in Brazil patented by the company in the country. The forecast is that the vessel will carry out drilling campaigns in the Northeast during the second half of this year.

With this good news, we can believe even more that the offshore market is improving and large multinationals will hire more staff to be part of their team.

Recommended for you

Union between state and government

Petrobras and the Federal Government are very close to agreeing on the Assignment of Rights.

A transfer to further leverage the recovery in the national oil sector.
Executive Secretary of the Ministry of Finance, Ana Paula Vescovi, announced that the government is close to closing an agreement with…

Paulo Nogueira

0

Comments are closed for this article.

Message displayed only to administrators.

Tags
Paulo Nogueira

An electrical engineer graduated from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), I worked for several years in the areas of offshore oil and gas, energy and construction. Today, with over 8 publications in magazines and online blogs about the energy sector, my focus is to provide real-time information on the Brazilian employment market, macro and micro economics and entrepreneurship. For questions, suggestions and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes for this purpose.

Share across apps