Rig: Transocean Drillship TBN 1

Name Transocean Drillship TBN 1
Owner Transocean Ltd.
Manager Transocean Offshore Deepwater Drilling Inc.
Rig Type Drillship
Sub Type Ultradeep Water
Jackup Type --
Max Water Depth (ft) 12000
Max Drill Depth (ft) 40000
Dimensions (ft)
Leg Length (ft) --
Competitive Yes

Current Location

Country Singapore
Region South East Asia

Drilling Equipment

Drawworks Type --
Drawworks HP --
Mud Pumps Type --
Top Drive --
Hookload Capacity (lbs) 3000000

Rig Construction Details

Rig Design Jurong
Rig Model Espadon III
Year Built 2020
Country of Build Singapore
Yard Name Jurong Shipyard
Group Yard Name SembCorp Marine Ltd.

Rig Contract Details

Operating Status Under Construction
Operator --

News

19 Apr 2016

Transocean Ltd. Announces Ultra-Deepwater Drillship Delay

Transocean Ltd. (NYSE: RIG) announced today an agreement with Sembcorp Marine's subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of two dynamically positioned ultra-deepwater drillships. The proprietary Jurong Espadon 3T designed rigs are now scheduled to be delivered during the first and third quarter of 2020.

26 Feb 2014

Transocean announces construction of two newbuild drillships

Transocean Ltd (Transocean) has announced that the company has contracted Sembcorp Marine’s Jurong Shipyard in Singapore for the construction of two newbuild ultra-deepwater drillships. The two newbuild drillships are to be constructed to Jurong Shipyard’s proprietary Jurong Espadon III rig design and are expected to be delivered from the yard in Q2 2017 and Q1 2018. Both units will be capable of operating in water depths up to 12,000ft whilst drilling down to maximum depths of 40,000ft and are capable of accommodating up to 220 personnel. Transocean will pay a total of US$1.24 billion for the construction of the assets including shipyard contracts, project management, owner-furnished equipment, inventory and capital spares. The two firm drillship orders come with three additional construction options, which must be exercised at various times within a 24 month period and offer similar financial terms as the currently placed firm orders.

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