This piece was posted by Crudediggers' anonymous guest, 've not verified the source but the info is worth circulating to all Crudediggers.
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(South America) - Devon Energy Corp. has awarded Transocean Inc.'s fifth-generation, ultra-deepwater drillship Deepwater Discovery a minimum three-year contract for drilling operations offshore Brazil.Under the terms of the drilling contract, which is currently expected to begin in November 2008, Devon has the right within one year from signing of the contract to convert the primary term from three years to four or five years.
Click here for full details: => Devon Signs Transocean
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