Transocean bags two-year contract Deepwater Invictus
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Transocean bags two-year contract for Deepwater Invictus

6:24 AM, 25th October 2017
Transocean logo

ZUG, SWITZERLAND: Transocean Ltd (RIG) said that the ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton. The backlog associated with the firm contract is approximately $106 million. The contract is expected to commence in the second quarter of 2018.

“We are extremely pleased to continue working with BHP. Since we welcomed the Invictus into our fleet in 2014, the combination of BHP, Transocean and the Invictus has delivered industry-leading performance; and, we look forward to extending our productive relationship through this multi-year contract,” said Jeremy Thigpen, president and CEO, Transocean.

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