Daewoo delivers 12000 type drillship to Transocean

Daewoo delivers 12000 type drillship to Transocean

According to a report filed by Offshore Energy Today South Korea’s offshore rig builder Daewoo Shipbuilding Marine & Engineering has reportedly delivered a drillship to Transocean, one of the world’s largest offshore drilling contractors.

According to Pulse, a South Korean business news website, DSME on Wednesday said it delivered the DSME-12000 type drillship ordered back in 2013.

Transocean’s latest fleet status report from July shows the driller had five drillships under construction, with only one of those expected to start its contract in 2016.

Based on that information, it is safe to say that the drillship delivered is the Deepwater Conqueror, designed for operating depth of 12.000 feet, and maximum drilling depth of 40.000 feet.

The drillship’s AIS data shows the drillship located offshore South Korea and undergoing sea trials.

The Deepwater Conqueror is expected to start its contract with Chevron in the U.S. Gulf of Mexico in the fourth quarter of 2016. The contract is until the fourth quarter of 2021 on a dayrate of $589.000.

Offshore Energy Today has reached out to Transocean, seeking confirmation and more info. We will update the article if we get a response.

Related News: Transocean rig leaves for UK North Sea well

Independent Oil and Gas (IOG) informed on Wednesday that the rig hired to drill the Skipper appraisal well, located in the UK North Sea, is being towed to the drilling location.

IOG recently said the well would be drilled with Transocean’s 1974-built semi-submersible rig Sedco 704.

The rig is now on contract with the oil company and operations are anticipated to start on Friday, July 22, 2016.

Skipper lies in Block 9/21a in license P1609 in the Northern North Sea and IOG is the 100% owner. The appraisal well is expected to take approximately 22 days to drill.

IOG further added that the loan agreements signed in December last year with GE Oil & Gas UK for £2 million and London Oil & Gas, part of London Group, for £2.75 million and £0.8 million have been extended to December 20, 2017, in line with a number of other service and equipment contractors on deferred payment terms for all or part of their costs on the Skipper well.


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