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Chevron Orders Three New Rigs From Transocean for Thai Drilling

Joe Carroll BusinessWeek 17.01.2012 10:16

Chevron Orders Three New Rigs From Transocean for Thai Drilling - Business - energy - Chevron

Chevron Corp., the second-largest U.S. energy company by market value, ordered three new shallow- water drilling rigs from Transocean Ltd. that will be used in Thailand exploration projects starting in 2013.

Chevron, based in San Ramon, California, will pay $135,000 to $145,000 a day to lease the rigs, Transocean said today in the monthly fleet status report published on its website. The rigs will be designed to operate in waters as deep as 350 feet (107 meters) and drill wells 35,000 feet beneath the surface of the sea, Vernier, Switzerland-based Transocean said.

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155 slain teachers in Southern Thailand honoured Thai police seize bomb materials in alleged plot Chevron Orders Three New Rigs From Transocean for Thai Drilling Honda may spend $650 million to restore Thai plant: report Thailand's tourist arrivals rise 21 per cent Thailand Tightens Security At Two Airports Amid Terrorist Threat Thailand holds first mobile cabinet meeting in Chiang Mai Dutchman sought by police in Thailand gets 28 years in jail in Peru Thailand’s 84-year-old King Bhumibol treated with intravenous antibiotics for abdominal pain Britain's ex-PM Blair teaches Thai children

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