Transocean signs contract for ultra-deep drillship with ONGC

Moscow, August 21 – Neftegaz.RU. Transocean Ltd. has announced a two-year binding letter of award (LOA) for the Dhirubhai Deepwater KG2 with Oil and Natural Gas Corporation (ONGC) in India.

The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value, inclusive of additional services and mobilization fees. The contract includes two years of priced options that, if fully exercised, would result in the drillship working in India into early 2031.

According to the MarrineTraffic, Dhirubhai Deepwater KG2 is a drillship and is sailing under the flag of MARSHALL ISLANDS. Her length overall (LOA) is 228 meters and her width is 42 meters.

About Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services and operates the highest specification floating offshore drilling fleet in the world.

Transocean owns or has partial ownership interests in and operates a fleet of 27 mobile offshore drilling units, consisting of 20 ultra-deepwater floaters and seven harsh environment floaters.