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Transocean Ltd. issues fleet update summary

Transocean Ltd. issued a monthly Fleet Update Summary, which includes new contracts, changes to existing contracts, and changes in estimated

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Transocean Ltd.

Transocean Ltd. issued a monthly Fleet Update Summary, which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the July 15, 2015 Fleet Status Report. The total value of new contracts since the last report is approximately $35 million.

The report includes the following: •Dhirubhai Deepwater KG2 - Awarded a contract extension for approximately three months offshore India at a dayrate of $295,000 ($25 million estimated backlog). •Transocean Barents - Awarded a one well extension in the Norwegian North Sea at a dayrate of $300,000 ($10 million estimated backlog). •The Sedco Express, GSF Rig 135, Actinia, Transocean Searcher and Transocean Prospect are idle.

Tags: Transocean Ltd.