Transocean lands three-year drillship contract

Transocean Inc. received a three-year contract from Anadarko Petroleum Corp. for ultra-deepwater drillship Discoverer Spirit for operations in the U.S. Gulf of Mexico.

The contract is expected to commence in December 2010, immediately following the rig's existing commitments in the region. Estimated contract revenues over the new contract's three-year period are US$569.4 million, or a day rate of US$520,000. The rig, which entered service in 2000, is capable of operating in up to 10,000 feet (3,048 m) of water.

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