DeepOcean awarded pre-cut trenching contract
DeepOcean has been awarded a multi-million Pound pre-cut trenching contract by Statnett & Energinet on the Skagerrak 4 HVDC Submarine Interconnector project.
Transocean Ltd. said Monday it has agreed to buy for $195 million a ``jackup'' offshore drilling rig capable of operating in water depths up to 400 feet and building wells 30,000 feet deep.