
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Conoco Phillips and Transocean have secured 13-well UK North Sea contract, bringing the estimated value of Transocean’s contract backlog to around £56.6million. The work will start in March 2019 and has to last for approximately 19 months and includes a one-well option also. Transocean 712, which is a mid-water semisubmersible rig, will be used for the contract.