Transocean's Deepwater Asgard Contract Extended with Added Services in US Gulf of Mexico

Monday, 1 April 2024, 20:28

Transocean has announced the extension of the contract for the Deepwater Asgard drillship in the US Gulf of Mexico, with a value of $195 million. The renewed contract includes additional services, reflecting confidence in the ultra-deepwater drilling market. This move signals a positive outlook for Transocean's operations and the oil and gas industry in the region.

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Transocean Announces Contract Extension for Deepwater Asgard

Transocean has secured the extension of the contract for its Deepwater Asgard drillship in the US Gulf of Mexico. The deal, valued at $195 million, includes additional services in the region.

Positive Signal for Ultra-Deepwater Drilling Market

This contract extension is a significant move that highlights the company's confidence in the sector. The added services and the substantial value of the contract demonstrate the strong prospects for Transocean in the deepwater drilling market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.