Transocean announces $486-million contract for Deepwater Aquila

Sept. 14, 2023
Also acquires outstanding interests in Liquila Ventures, the company formed to acquire the newbuild rig.

Offshore staff

STEINHAUSEN, Switzerland – Transocean has announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil.

The contract is expected to commence in 3Q 2024 and is said to represent approximately $486 million in firm backlog, excluding a mobilization fee of approximately 90 times the contract dayrate.

Transocean has also agreed to acquire the outstanding interests in Liquila Ventures Ltd., a company formed to acquire the Deepwater Aquila, from its joint venture partners, Perestroika and Lime Rock Partners.

The Deepwater Aquila is expected to be delivered from the shipyard in October 2023.

09.14.2023