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Transocean Floater Transocean Barents Enters Contract

Maritime Activity Reports, Inc.

October 3, 2016

Transocean Ltd. (NYSE: RIG) announced today that the Transocean Barents, a harsh-environment, ultra-deepwater floater, has been awarded a 15-month contract with Suncor Energy at a dayrate of $260,000. The estimated contract backlog, excluding mobilization, is $119 million. The rig is expected to commence operations offshore Canada in the third quarter of 2017.
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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Quotable Stephen Carmel

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