ConocoPhillips takes Transocean midwater semi-sub on 13-well hire

ConocoPhillips has awarded the midwater semi-submersible Transocean 712 a 13-well contract (about 580 days) in the UK North Sea.

The contract is expected to begin in March 2019.

The estimated firm contract backlog is about US$75 million. Additionally, the contract includes a one-well option.

Source: Offshore Magazine