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Transocean Offers Fleet Status Update: Cuts Planned OOS Time by Five Days for '14, Increased by 29 Days for '15

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Transocean Ltd. (NYSE: RIG) today
issued a monthly Fleet Update Summary which includes new contracts,
significant changes to existing contracts, and changes in estimated planned
out-of-service time of 15 or more days since May 15, 2014.

The report includes the following:

o The high-specification jackup, GSF Magellan, is held for sale.
o Estimated 2014 planned out-of-service time decreased by a net five days;
estimated 2015 planned out-of-service time increased by a net 29 days.

                               
The report can be accessed on the company's website at www.deepwater.com.

Posted-In: News Commodities Markets Press Releases

 

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