# Transocean Update - the Sedco Express wins sweet new contract

**URL:** <https://forum.gcaptain.com/t/transocean-update-the-sedco-express-wins-sweet-new-contract/8733>\
**Category:** Offshore\
**Created:** [October 17, 2012, 1:36pm UTC](https://forum.gcaptain.com/t/transocean-update-the-sedco-express-wins-sweet-new-contract/8733 "2012-10-17T13:36:17Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![rob](https://avatars.discourse-cdn.com/v4/letter/r/838e76/32.png) [@rob](https://forum.gcaptain.com/u/rob)\
**Post date:** [October 17, 2012, 1:36pm UTC](https://forum.gcaptain.com/t/transocean-update-the-sedco-express-wins-sweet-new-contract/8733/1 "2012-10-17T13:36:17Z")

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Transocean just released their latest fleet status report. Beyond the news of their [mega deal they got with Shell](http://gcaptain.com/shell-transocean-huge-shot-years/) at the end of last month, here are some other bits of good news…

[ul]  
[li][I]Sedco Express[/I] - Awarded a 20-month contract for work offshore Nigeria at a dayrate of $600,000 ($360 million contract backlog). The rig’s prior dayrate was $500,000.[/li]  
[li][I]GSF Constellation II [/I]- Awarded a 30-month contract for work offshore Gabon at a dayrate of $160,000 ($146 million contract backlog). The rig’s prior dayrate was $109,000.[/li]  
[li][I]Transocean Amirante[/I] - Customer exercised a 180-day option for work offshore Egypt at a dayrate of $305,000 ($55 million contract backlog). The rig’s prior dayrate was $275,000.[/li]  
[li]The company has sold the [I]GSF Rig 103[/I], which was previously held for sale. The details of the transaction have not been disclosed.[/li][/ul]