Two Transocean drillships receive extensions offshore Brazil
Nov. 18, 2020
Petrobras has exercised a 680-day preexisting, fixed price option for Transocean’s drillship Deepwater Corcovado, and an 815-day preexisting, fixed price option for the drillship Deepwater Mykonos.
(Courtesy Transocean)
The drillship Deepwater Corcovado.
Offshore staff
STEINHAUSEN, Switzerland – Petrobras has exercised a 680-day preexisting, fixed price option for Transocean’s drillship Deepwater Corcovado, and an 815-day preexisting, fixed price option for the drillship Deepwater Mykonos.
Together these contract extensions add about $297 million to Transocean’s backlog.
Both rigs will continue to operate in Brazil and are subject to annual indexed day rate escalations.
