Transocean?s Indonesian May operations update
Thursday, May 29 2003 - 12:29 AM WIB
Transocean?s Indonesian May operations update
World?s largest offshore drilling company Transocean Ltd. Announced Friday that it currently had two rigs operating in Indonesia, down from four rigs last March.
The company?s Ron Tappmeyer jack-up drilling rig is contracted to Kondur Petroleum from April 2003 to June 2003 with daily rate of US$50,100 per day.
TotalFinaElf is also contracting the companies Hibiscus drilling barge from July 2002 until November 2003 with daily contract rate of $ 44,300 and from December 2003 to December 2006 with daily contract rate of $47,700.(alex)
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