Deepwater Aquila, the newly constructed ultra-deepwater drillship, has been contracted by a nationwide oil firm for work offshore Brazil.
In its media launch, Transocean stated the deal has a three-year time period and a price ticket of $486 million in agency backlog. The worth excludes a mobilization payment of roughly 90 occasions the contract dayrate, Transocean famous, including that the contract is predicted to begin within the third quarter of 2024.
Transocean has additionally agreed to accumulate the excellent pursuits in Liquila Ventures, an organization fashioned to accumulate the Deepwater Aquila, from its three way partnership companions, Perestroika and Lime Rock Companions. Following this acquisition, Transocean stated it would personal and function eight of the twelve ultra-deepwater, 1,400 short-ton hookload drillships on this planet. The Deepwater Aquila is predicted to be delivered from the shipyard in October 2023.
In reference to the execution of the drilling contract for the Deepwater Aquila and the acquisition of the excellent pursuits in Liquila Ventures, Transocean additional stated it’s exploring numerous debt financing options to partially fund the prices related to buying the rig from the shipyard and getting ready it for its contract in Brazil.
The deal for the newbuild drillship follows the sooner settlement with Oil and Pure Gasoline Company (ONGC), beneath which the Dhirubhai Deepwater KG1 has been chosen for work offshore India.
In line with Transocean, this system has a time period of 21 months and is predicted to begin within the first quarter of 2024. The job contributes an estimated $222 million in backlog, excluding a mobilization payment of $5 million, in accordance with an earlier assertion.
Transocean owns or has partial possession pursuits in and operates a fleet of 37 cell offshore drilling models, consisting of 28 ultra-deepwater floaters and 9 harsh surroundings floaters, its website notes. As well as, upon completion of the acquisition talked about above, Transocean will personal an organization that’s developing one ultra-deepwater drillship, the corporate highlighted.
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