Keppel agrees with Transocean to delay taking delivery of 5 rigs till 2020

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Keppel agrees with Transocean to delay taking delivery of 5 rigs till 2020

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08-03-2016, 06:00 PM

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Keppel agrees with Transocean to delay taking delivery of 5 rigs till 2020

An honorable member of the Coffee Shop Has Just Posted the Following:

Keppel, Transocean agree rig deliveries delay

Transocean Cepheus, Transocean Cassiopeia, Transocean Centaurus, Transocean Cetus and Transocean Circinus are five jack-up drilling rigs to be built by Singapore’s Keppel yard for Transocean, a drilling contractor.

However, in its fleet status report dated February 17, the Swiss-based offshore drilling company said it agreed with Keppel to delay the deliveries.

Transocean has said that the deliveries of five newbuild high-specification jack-ups will be postponed by approximately six months each. The two companies have also agreed to extend the period between deliveries of
each rig. The driller ordered the rigs in November 2013.

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