Transocean Signs $300M Contract for Ultra-Deepwater Drillship

Transocean signs $300M contract for ultra-deepwater drillship

Transocean has announced a two-year binding letter of award for the Dhirubhai Deepwater KG2 drillship with the Oil and Natural Gas Corporation, India’s largest government-owned oil and gas explorer an...

Transocean wins $300 million ONGC drillship contract offshore India

Transocean has secured a two-year binding award with ONGC for the Dhirubhai Deepwater KG2 in India, adding approximately $300 million in contract value with options that could extend the drillship’s campaign into early 2031.

Transocean's Dhirubhai Deepwater KG2 lands India work

Transocean secured a two-year binding letter of award for its ultra-deepwater drillship Dhirubhai Deepwater KG2 from India’s Oil and Natural Gas Corporation (ONGC). The program is set to begin in Q1 2027 and is estimated to contribute approximately $300 million in contract value, including additional services and mobilization fees. The award includes two years of … The post Transocean’s Dhirubhai Deepwater KG2 lands India work appeared first on …