Swiss Transocean Secures Contracts for Two Ultra-Deepwater Drillships Totaling USD 603 Million
2026-04-20 10:08
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en.Wedoany.com Reported - Swiss offshore drilling giant Transocean has successively announced two drilling contracts through its official website, with a total contract value of USD 603 million (approximately RMB 4.1 billion).

Recently, Transocean announced that it has signed a 1,156-day contract extension with Brazil's Petrobras for the ultra-deepwater drillship "Deepwater Corcovado," valued at approximately USD 445 million. This will directly continue its current operations until November 2030.

Before the extension contract takes effect, from April 1, 2026, to September 2027 (approximately 525 days), the value of Transocean's existing contract will be reduced by approximately USD 20 million.

Information shows that the "Deepwater Corcovado" is based on the Samsung 10000 (Enhanced) design. It was built and delivered by Samsung Heavy Industries in 2011, with a maximum operating water depth of 10,000 feet, a maximum drilling depth of 40,000 feet, a capacity for 205 personnel, and is equipped with a DP3 dynamic positioning system.

Two days later (on the 16th), Transocean announced a 390-day, five-well drilling contract with an undisclosed client for the ultra-deepwater drillship "Deepwater Asgard," planned to commence in the fourth quarter of 2026, valued at approximately USD 158 million. This contract does not include additional services, mobilization, or demobilization compensation. The vessel will be deployed in the Eastern Mediterranean Sea.

Information shows that the "Deepwater Asgard" is based on the DSME 12000 design. It was built and delivered by Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) in 2014, with a maximum operating water depth of 12,000 feet, a maximum drilling depth of 40,000 feet, a capacity for 200 personnel, and is equipped with a DP3 dynamic positioning system.

Recently, Transocean has secured contracts for multiple drillships. In addition to the two mentioned above, the semi-submersible drilling rig "Transocean Barents," the ultra-deepwater drillship "Deepwater Orion," and the ultra-deepwater drillship "Deepwater Aquila" have also signed new or extended contracts. Since early April, the cumulative value of new contracts has reached approximately USD 1.6 billion.

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