Transocean's Fleet Status Updated
contract backlog). Deepwater Invictus - Awarded a two well contract offshore Trinidad at a dayrate of $350,000 ($28 million estimated contract backlog). Dhirubhai Deepwater KG2 - Awarded a six month contract; location and dayrate are not disclosed. The midwater floater Transocean John Shaw is classified as held for sale. The rig will be recycled in an environmentally responsible manner. Estimated 2016 out of service days increased by a net 56 days due primarily to contract preparation. The report can be accessed on the company's website: www.deepwater.com.  

First Subsea Completes Heidelberg Spar Mooring
ground chain to a mooring pile. When the spar arrives on-station the ball and taper mooring connector is simply attached to the mooring line and lowered into the receptacle to complete the mooring line connection. “Spar mooring is something of a specialty for Ballgrad SMCs,” said John Shaw, managing director, First Subsea. “The connectors offer a quick mooring line installation with significant time savings for the overall mooring installation.” The Heidelberg spar will have a capacity of more than 80,000 barrels of oil and 2.3 million cubic meters of natural
Transocean to Create New Offshore Drilling Company
. The new entity, Caledonia Offshore Drilling Company (Caledonia) is expected to be established during the second half of 2014. The offshore drilling assets currently contemplated for transfer to Caledonia include the following rigs: Sedco 704, Sedco 711, Sedco 712, Sedco 714, Transocean John Shaw, Transocean Prospect, GSF Arctic III and J.W. McLean. Transocean explains that the UK North Sea remains an important market for them and the company is committed to maintaining its presence in the region. As such, various options for the separation of Caledonia are under consideration

First Subsea Awarded Heidelberg Spar Mooring Connector Contract
field is close to Anadarko's 100%-owned Constitution spar, also moored using First Subsea mooring connectors in 2005. Since then over 370 Ballgrab connectors have been successfully deployed in deepwater moorings worldwide. “This is our tenth spar mooring project for Technip,” says John Shaw, managing director, First Subsea Ltd. “The speed and ease of the Ballgrab connection is well proven in a range of industry-leading, deepwater projects in the Gulf of Mexico.” The Heidelberg spar will have a capacity of more than 80,000 barrels of oil and 2.3 million cubic meters
Transocean's Latest Rig Fleet Update
,000 ($442 million estimated contract backlog). The rig's prior dayrate was $545,000. Estimated 2013 out-of-service time increased by a net 117 days, including 89 days due to shipyard acceleration into 2013 from 2014 and contract preparation on the Deepwater Millennium. Transocean John Shaw - Awarded a one-year contract extension for work in the U.K. sector of the North Sea at a dayrate of $415,000 ($151 million estimated contract backlog). The rig's prior dayrate was $360,000. Jack Bates - Awarded a three-well contract for work offshore Australia at a dayrate of $525

First Subsea - Receives ABS 2009 Approval
is the culmination of many years of investment both financial, and time and effort by our dedicated team of engineers. Customers can be assured of the quality and engineering integrity of First Subsea's connectors as operators look to extend the life of their deepwater permanent moorings," says John Shaw, managing director, First Subsea Ltd.