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 volume 13, issue #13 - Monday, July 21, 2008

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Transocean lands $ 1 bn renewal contract with BP

19-06-08 A BP subsidiary has renewed a contract worth as much as $ 1.06 bn for an ultra-deepwater rig with US giant Transocean.
The company’s GSF Development Driller II, capable of drilling in water depths of 7,500 feet (2,286 metres) was awarded a five-year contract extension to start in November of this year.

Source: www.upstreamonline.com



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