Transocean obtains new contract from Inpex

Wednesday, February 19 2014 - 01:16 AM WIB

By Romel S. Gurky

Offshore drilling rig provider Transocean Limited announced Tuesday it has obtained a new one-year drilling work contract from oil and gas firm Inpex Corp.

The company said in a statement it will deploy the Discoverer Seven Seas rig to carry out drilling work at a water depth of 7,000 feet, and drilling depth of 25,000 feet.

It added that the new contract worth US$500,000 per day, which will expire in June of next year, is an extension of the previous $490,000 per day contract.

Editing by Reiner Simanjuntak

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