Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/transocean-declares-shells-early-termination-of-po.shtmlTransocean declares Shell's early termination of Polar Pioneer contract
Transocean Ltd. says that Shell has elected to terminate the contract for the harsh environment semisubmersible Polar Pioneer prior to its expiration in July 2017.
[an error occurred while processing this directive]
Edit page New page Hide edit links
Transocean Ltd. says that Shell has elected to terminate the contract for the harsh environment semisubmersible Polar Pioneer prior to its expiration in July 2017.
Transocean will be compensated for the early termination through a lump-sum payment that includes adjustments for reduced operating costs and demobilization to Norway.
