The
drillship
Deepwater
Expedition
led
the
fleet
with
a
two-year
contract
that
commences
in
December
this
year
with
an
undisclosed
customer.
The
rig
will
earn
an
initial
dayrate
of
$650,000
and
the
contract
comes
with
three
priced
eight-month
option
periods.
If
the
customer
exercises
those
options
the
dayrate
will
increase
to
$695,000,
according
to
Transocean's
latest
fleet
status
report
dated
15
March.
The
ultra-deepwater
drillship
had
previously
been
under
a
multi-year
contract
with
BHP
Billiton
of
Australia
and
Malaysia’s
Petronas
Carigali
for
a
dayrate
of
$640,000
for
a
project
off
Sabah,
Malaysia.
Those
two
companies
decided
to
terminate
that
contract,…
