Transocean deepwater drillship bound for India

Oil & Natural Gas Corp & Reliance to operate offshore drilling vessel

Other stories: Top 10 billion dollar oil deals of the summer | 2009's winners and losers in the oil industry10 events in oil's history that shook the world | Top 10 Gulf mega projects | Top 10 largest publicly traded oil companies | Top 10 National Oil Companies by production | World's 10 largest oilfield services companies | World's 10 largest oil and gas contractors

Swiss-based oilfield services company Transocean has announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has commenced operations in India under a five-year drilling contract with Reliance Industries Limited.

The vessel is the first of two ultra-deepwater newbuild drillships owned by a joint venture company with Pacific Drilling and scheduled to commence operations in 2009 and 2010.

Transocean also said that it expects Reliance to sublet the rig for the first four years of the contract to the Indian hydrocarbons giant Oil and Natural Gas Corporation, with Reliance operating the rig for the final year of the contract.


Most Popular

Digital Edition

Oil & Gas Middle East - September 2020

Subscribe Now