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our vision last the Day we During supported across managed mentoring a and Perfect and delivering training, Every crews on coaching of consistently and XXXX, remain owned, focused our fleets. quarter throughout our by Day
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many increased Remarkably, as continue results recordable different achieved operate we different still locations without than one. the Driller the with X Platinum XXXX Explorer We in highlights impressive Topaz had without during years X years excellent a achieving number results of achieved a achieving and XXXX. incident the over to many hours XXXX, work in rigs the our annual yet, for hours clients our in and across globe, by XXX,XXX better
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downtime requires downtime usual were continues work any efficiency and time rig the than to conditions Namibia Tungsten year for in efficiency the efficiency the the due was the XX%, of achieved the ultra-deepwater more ended equipment fleet where XX.X%. subsea at Explorer where disappointing through and primarily fleet a lower fleet the during deepwater operations. Namibia, jackup XX.X% jackup the for quarter weather remediate. year Revenue and and event fleet was to significantly to and the where as XX.X% The XX.X%, owned for and events fleet ended fleet deepwater XXXX subsea Switching the quarter to during XX%, on challenging respectively. at revenue the in the fourth Revenue for
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expired for and to February Switching out the Platinum Explorer expected running great in to Deepwater. XXXX operations of months. a Platinum of completion The X begun approximately take The contract had ONGC. to has X year service planned
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the fourth was As with in the XXXX, signature. all added being million backlog contract recent until end a mentioned result at $XXX.X of not approximately hours our of items, quarter
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have We trends the capitalized venture. with TotalEnergies on joint such
goal returns. move I excellent corporate our stakeholders' achieving third will of to now
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moving are contracts at market. the rigs legacy our Lastly, improved as earlier, I from rates, contracts reflecting mentioned higher day to
of to these cash contracts of involve commencement increased the by rate be the well covered will reimbursements day contracts. the as a actual Some large after the of new as contract by upfront large investments the which client extent
ADES continuing our an with and elsewhere and focused the it performance Capella, conclude, the to drilling start to Driller stay To our with XXXX, Topaz of objectives returns throughout safe, pursuing shipyard delivering shipyard strategic finally, Platinum In in efficient per upgraded Soehanah, as them. corporate the putting Driller strong and as CPOC safety and remain look profitable with the on future to work conducting to long-term it we to seamless with a forward campaigns needed safe efficient Topaz with a shareholders. when XXXX, and Tungsten support for outstanding drillship, and Explorer, Qatar having and conducting alliance our and we safe stay deliver successful jackups contracts Explorer back
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