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Romania: Transocean announces $251 million harsh environment semisubmersible contract


12 Dec 2023

Photo - see caption
Photo - see caption
Transocean Barents (Source: Transocean)

Transocean has announced a minimum 540-day contract for the Transocean Barents with OMV Petrom in the Romanian Black Sea at a rate of $465,000 per day, excluding additional services. The program is expected to commence in the first quarter of 2025 and is estimated to contribute approx. $251 million in backlog, excluding full compensation for mobilization and a demobilization fee. For each day over 540 days, including the two option periods, the operating dayrate will be $480,000.

Original announcement link

Source: Transocean





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