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Transocean Ltd. provides fleet update summary


Published Feb 20, 2014
Transocean Ltd.

Transocean Ltd. issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since January 16, 2014. The total value of new contracts since the January 16, 2014 Fleet Status Report is approximately $66 million.

Estimated 2014 out-of-service time increased by a net 150 days, including 91 days primarily associated with customer-requested and substantially reimbursed upgrades on the GSF Galaxy I; and 45 days on the M.G. Hulme, principally for preparation in advance of anticipated contracts.

Tags: Transocean Ltd.




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