Transocean lands $ 1 bn renewal contract with BP
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.
