Transocean bags $164m drilling contract from Total

Friday, May 18 2012 - 03:05 AM WIB

By Alexander Ginting

Offshore drilling rig provider Transocean Limited reported on Wednesday that it had been awarded a three-year contract for work offshore Indonesia worth US$164 million.

The company reported that the high specification jack up GSF Constellation I will work for Total E&P Indonesie starting October 2012 through October 2015 at $150,000 per day, up from prior dayrate of$ $140,000.

Editing by David Mustakim

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