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Transocean: 2-Year Potential Contract With ONGC For The Semi-Submersible Jack Bates

stander
stander
in Oil, Gas and Energy News

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Summary

Barron's indicated today that ONGC may have awarded a 2-year contract for the semi-submersible Jack Bates (1997) which rolled off contract last month.

The day rate will be approximately $127k/d for 730 days, which means a contract backlog of $93 million.

http://seekingalpha.com/article/3979802-transocean-2-year-potential-contract-ongc-semi-submersible-jack-bates

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