greenenergy
Advertisement
  • Home
  • Solar
  • Wind
  • Hydroelectricity
  • Ocean Energy
  • Biomass
  • Contact Us
No Result
View All Result
  • Home
  • Solar
  • Wind
  • Hydroelectricity
  • Ocean Energy
  • Biomass
  • Contact Us
No Result
View All Result
Green Energy News
No Result
View All Result
Home Ocean Energy

Another gig for Transocean rig in Australia

Green Energy News by Green Energy News
June 30, 2023
in Ocean Energy


Offshore drilling contractor Transocean has secured another long-term contract in Australia for a semi-submersible rig that has been in idle mode since October 2022, when it wrapped up its Norwegian assignment with Equinor.

Transocean Equinox rig; Source: Transocean

According to Transocean, the new 16-well binding award for the Transocean Equinox semi-submersible rig in Australia with a consortium of four operators is expected to start in the first quarter of 2025 in direct continuation of the rig’s previously announced five-well, 300-day commitment in Australia with an undisclosed, ”major” operator, currently expected to start in the first quarter of 2024.

The rig’s new assignment is estimated to be a 380-day campaign, which will contribute approximately $184 million in backlog, excluding full compensation for mobilisation and demobilisation. In addition, this deal comes with options, which if fully exercised, could keep the Transocean Equinox rig working in Australia into 2028.

The 2015-built Transocean Equinox semi-submersible rig is of GVA 4000 NCS design. Constructed by DSME, the rig can accommodate 130 people. With a maximum drilling depth of 8,500 metres, it can operate in water depths of up to 500 metres.

This new award comes after Transocean announced deals with an aggregate incremental backlog of around $546 million, which raised the offshore drilling giant’s total backlog to approximately $8.6 billion. 



Source link

Previous Post

Welsh marine energy sector touts GBP 103m investment in past year

Next Post

EPA hears human toll of coal ash pollution

Next Post

EPA hears human toll of coal ash pollution

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Solar

Kokosing Solar installs rooftop arrays for Ohio Pools & Spas facilities

A new solar panel installation at two Ohio Pools & Spas facilities will improve operations by saving the facility money...

by Green Energy News
September 22, 2023
Solar

Maxeon Solar to acquire Complete Solaria’s dealer channel, shingled cell PV patents

By Chris Crowell September 21, 2023 Maxeon Solar Technologies is starting to diversify its solar business in the United States...

by Green Energy News
September 22, 2023
Ocean Energy

Industry partners kick off construction works on the largest European floating solar plant

A consortium made up of French, Belgian and Luxembourgian companies, led by renewable energy developer Q Energy, has started with...

by Green Energy News
September 22, 2023
Solar

California highway solar power bill makes it to governor’s desk

The California Assembly, by a 79-0 vote on September 13, passed legislation to encourage the installation of solar power infrastructure...

by Green Energy News
September 21, 2023
green energy-67

© Green Energy News Hubb All rights reserved.
Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Solar
  • Wind
  • Hydroelectricity
  • Ocean Energy
  • Biomass
  • Contact Us

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Solar
  • Wind
  • Hydroelectricity
  • Ocean Energy
  • Biomass
  • Contact Us

© 2022 Green Energy News Hubb All rights reserved.