Transocean secures new contract for Deep Sea Asgard at $505,000 per day
Offshore drilling company Transocean secured a 365-day contract extension for its ultra-deepwater drillship Deep Sea Asgard at a rate of $505,000 per day, highlighting the strong demand for high-spec floaters. CEO Jeremy Thigpen is optimistic about future contracts, with competitor Valaris also hitting the $500,000-a-day mark.