US-based Transocean, which makes a living leasing rigs to the presently struggling offshore market, declined further in the third quarter on operations as well as revenue.
The operating result dropped to USD 225 million in the latest quarter against USD 445 million in the same period last year, while revenue ended at USD 903 million against USD 1.6 billion in last year's third quarter, according to Transocean's third quarter interim report, published Thursday.
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