Swiss-based offshore drilling giant Transocean has announced contract fixtures for two of its ultra-deepwater drillships.
In the US Gulf of Mexico, supermajor BP has exercised a 365-day option for the 2022-built Deepwater Atlas in direct continuation of its firm contract. The program is expected to contribute approximately $232m in backlog.
Currently, the rig is working for Beacon Offshore in the US Gulf of Mexico. If all options are used, it will stay with the company until March 2027.
Following the Beacon deal, the drillship is scheduled to commence work for BP in June 2028. The firm part of the deal will end in May 2029 on a $635,000 dayrate.
The exercised priced option will begin in June 2029 and end in May 2030. The dayrate will remain the same during the option period.
In Brazil, Petrobras exercised a 30-day option for the 2011-built Deepwater Mykonos in direct continuation of its firm program. The program is expected to contribute approximately $11m in backlog.
The first priced option will start at the end of 2025 and end at the start of February 2026. The dayrate will be around $367,000.
According to the offshore driller, the two fixtures represent approximately $243m in firm contract backlog.
