Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/transocean-terminates-rig-contract-with-murphy.shtmlTransocean terminates rig contract with Murphy
Transocean Ltd. says that Murphy Exploration & Production Company - USA, a subsidiary of Murphy Oil Corporation, has elected to terminate the contract for the ultra-deepwater drillship
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Transocean Ltd. says that Murphy Exploration & Production Company - USA, a subsidiary of Murphy Oil Corporation, has elected to terminate the contract for the ultra-deepwater drillship Discoverer Deep Seas. The rig's contract was scheduled to end in November 2016.
Transocean will be compensated for the early termination through a lump-sum payment that includes adjustments for operating costs.
