ShippingWatch

Transocean scraps four rigs and takes big loss

Transocean has not been able to find a buyer, so the company will scrap four rigs and book a loss of USD 300-325 million. And the drilling company will also idle four rigs.

Photo: North Atlantic Drilling

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try ShippingWatch for 14 days.

Get a trial subscription here.

Do you want a trial subscription with multiple users for yourself and your colleagues?

Read more about your options and find the contact information to our sales team here.

Related articles

Latest news

Jobs

See all

See all