(Source: Shutterstock)
Transocean announced a one-year contract for its Deepwater Conqueror drillship with an undisclosed operator in the U.S. Gulf of Mexico on Oct. 17.
The contract is expected to begin in October 2025 and contribute approximately $193 million in backlog, including additional services.
Transocean owns or partially owns and operates a fleet of 34 mobile offshore drilling units, including 26 ultra-deepwater floaters and eight harsh environment floaters.
Recommended Reading
Camino Reportedly Seeking $2B Sale as Midcon M&A Heats Up
2025-01-30 - Oklahoma producer Camino Natural Resources—one of the Midcontinent’s largest private E&Ps—is reportedly exploring a sale in the range of $2 billion.
Shell, Canadian Natural Resources to Swap Oil Sands, CCS Interests
2025-01-30 - In a swap transaction, Canadian Natural Resources Ltd. will own 100% interest in the Athabasca Oil Sands Project after acquiring a 10% interest from Shell Canada Ltd. in exchange for a 10% interest in carbon capture and storage facilities.
Elk Range Acquires Permian, Eagle Ford Minerals and Royalties
2025-01-29 - Elk Range Royalties is purchasing the mineral and royalty interests of Newton Financial Corp., Concord Oil Co. and Mission Oil Co.
Chevron JV Plans 4-GW Project to Fulfill US Data Center Power Needs
2025-01-28 - Chevron U.S.A. Inc., Engine No. 1 and GE Vernova will develop the natural gas-fired power plants co-located with data centers amid President Trump’s push for AI dominance.
Oxy CEO Hollub Sees More Consolidation Coming in Permian, Globally
2024-11-21 - Occidental Petroleum CEO Vicki Hollub names emissions and water management as top challenges for Permian operators and an incentive for growth.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.