Transocean (RIG) Prolongs Its Stay With Hess and TotalEnergies [Yahoo! Finance]
Hess Corporation (HES)
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Source: Yahoo! Finance
The drillship Deepwater Asgard has prolonged its stay with Hess Corporation in the U.S. Gulf of Mexico. The contract has been extended for another year at a fixed day rate of $505,000. The work for this extension is slated to begin in June 2024, in continuation of the rig's current program. The drillship's previous day rate was $395,000, and its current day rate is fixed at $440,000. The Deepwater Asgard is an ultra-deepwater dual-activity DSME 12000 drillship. It has a maximum drilling depth of 40,000 feet and can accommodate up to 200 people. The drillship is operational in a depth of up to 12,000 ft underwater. Transocean has secured another contract extension with TotalEnergies, which has exercised a three-well option for RIG's drillship Deepwater Skyros in Angola. This contract extension is scheduled to commence in July 2025 in direct continuation of the rig's current contract. The day rate for the extension is fixed at $400,000. The rig's work with Total Energies is schedul
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HES
Earnings
- 4/25/24 - Beat
HES
Sec Filings
- 5/2/24 - Form 425
- 5/2/24 - Form 8-K
- 4/29/24 - Form 425
- HES's page on the SEC website