bp lets drillship contract to Transocean for GoM work

Sept. 10, 2024
bp let a contract to Transocean for the Deepwater Atlas for work in the US Gulf of Mexico.

bp PLC has let a 365-day contract to Transocean Ltd. for the Deepwater Atlas deepwater drillship for work in the US Gulf of Mexico. The contract also provides for a 365-day option.

The program is expected to begin in second-quarter 2028 and contribute about $232 million in backlog, excluding a mobilization fee, Transocean said in a release Sept. 10.

There are no additional services provided under the contract.