Transocean finds work for Deepwater Nautilus rig
- Business & Finance
Offshore drilling contractor Transocean has reportedly found work for one of its semi-submersible drilling rigs.
According to VesselsValue, an undisclosed charterer has hired Transocean’s 2000-built semi-sub Deepwater Nautilus on August 8.
The drilling rig has been taken on a four-month deal which will start on November 1 and end on February 28, 2018.
The semi-sub previously worked Shell in Malaysia on a contract that ran from May 2016, till August 2017, at a dayrate of $456,000.
The contract was an extension to a previous contract with Shell, which ran since August 2012, till May 2016, on a maximum dayrate of $531,000, which was subsequently downgraded to $456,000,
As for the rig itself, the rig was designed by Reading and Bates Falcon and constructed by Hyundai in South Korea.
It was completed in 2000 and significantly upgraded in 2007. The Deepwater Nautilus can accommodate 166 people, can work in water depths of up to 8,000 feet and drill up to 30,000 feet. The rig’s AIS show it as currently moored in Brunei Bay, on the northwestern coast of Borneo island.
Offshore Energy Today Staff