RDC - Looking At Recent Contract News From Transocean Ensco And Rowan
Major offshore drillers have recently announced material developments on the contract front. Transocean (RIG) scored a major contract with Chevron (CVX), Ensco (ESV) published fleet status report, and Rowan (RDC) announced contract extension for jack-up Rowan Gorilla IV. Let's go through this news one by one.
Transocean
Transocean announced a major contract with Chevron at the very end of 2018. I'm sure that most readers have already seen the details: Transocean's newbuild drillship will work for five years in the Gulf of Mexico starting in the