
Transocean Deepwater Atlas Starts Second Monument Well in US Gulf
Transocean’s Deepwater Atlas has started drilling the second development and production well at the Monument project in the US Gulf of Mexico.

Transocean’s Deepwater Atlas has started drilling the second development and production well at the Monument project in the US Gulf of Mexico.

ONGC has awarded the hiring of DDKG2 as its second ultra-deepwater drillship for India’s offshore exploration campaign, with mobilisation expected within the next three to four months.

Norway’s offshore workers reached a wage agreement providing a 5.2% pay increase and higher pension contributions, preventing a strike that had been scheduled to begin at midnight.

Transocean has entered into an agreement with Equinor for three Cat D harsh environment semisubmersible rigs on the Norwegian shelf, adding more than $1 billion in contract backlog.

Transocean has secured approximately $185 million in offshore drilling contracts for Transocean Norge and Transocean Equinox, covering future work in Norway and Australia.

Equinor received regulatory approval to use the Transocean Encourage semi-submersible rig for drilling operations at the Åsgard field offshore Norway.

Transocean’s $5.8 billion all-stock merger with Valaris is under extended US antitrust review after the Department of Justice requested additional information.

Transocean has secured a 390-day, five-well contract for the Deepwater Asgard drillship in the Eastern Mediterranean, adding about $158 million to backlog.

Transocean has secured a 1,156-day extension from Petrobras for Deepwater Corcovado, adding about $445 million to backlog and keeping the drillship working through November 2030.
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