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Transocean losing less money than previously

The rig operator finished the third quarter with a considerably smaller deficit than in the preceding periods. According to Transocean’s CEO, the company’s services are in high demand.

Photo: PR/Transocean

by KIM WIESENER

Transocean is losing less money than previously, with the rig company now reporting a deficit of USD 28m for the third quarter, as announced in a statement.

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