Reliance awards Transocean long-term drilling contract offshore India

Sept. 5, 2024
The Dhirubhai Deepwater KG1 should start the estimated 300-day program in 2Q 2026.

Transocean will provide a deepwater drillship to drill six wells for Reliance Industries offshore eastern India.

The Dhirubhai Deepwater KG1 should start the estimated 300-day program in 2Q 2026. The contract value is around $123 million, excluding additional services and a mobilization fee.

If all options are exercised, the vessel would remain in India through the end of 2029.