Transocean units get drillship contracts - March 21, 2004

Providing coverage of Alaska and northern Canada's oil and gas industryMarch 2004

Vol. 9, No. 12

Week of March 21, 2004

Transocean units get drillship contracts

Petroleum News

Subsidiaries of Transocean Inc. have won contracts for two deepwater drilling projects, the company announced March 11.

The Deepwater Frontier drillship will work for about 700 days offshore Brazil for the Brazilian company Petrobras at a cost of up to $101 million. The rig will be moved this month from another Petrobras project.

The Deepwater Pathfinder, another Transocean drillship, will work for Marathon off Nova Scotia in an estimated 110-day contract for up to $17 million. That work is expected to start in May, after the ship finishes work in the Gulf of Mexico.

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.