Offshore drilling contractor Transocean on Tuesday announced its harsh environment semisubmersible drilling rig Transocean Barents has secured a contract from Romanian integrated oil company OMV Petrom in the Romanian Black Sea.
Expected to commence in the first quarter of 2025, the program is for a minimum of 540 days at a rate of $465,000 per day, excluding additional services, Transocean said. For each day over 540 days, including the two option periods, the operating dayrate will be $480,000.
The company said it estimates the contract will contribute approximately $251 million to its backlog, excluding full compensation for mobilization and a demobilization fee.
Transocean Barents is a Aker H-6e Semi-submersible built by Aker Kvaerner Stord.
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