Transocean Ltd. Provides Quarterly Fleet Status Report
Since the prior Fleet Status Report, the company has added approximately
The ultra-deepwater semisubmersible Development Driller III was awarded a 180-day contract offshore
This report also includes the following new contracts:
- Deepwater Asgard – Customer exercised a one-well option;
- GSF Development Driller I – Awarded an 11-well contract plus four one-well options offshore
- Deepwater Nautilus – Customer exercised two one-well options offshore
- Transocean Spitsbergen – Awarded a three-well contract plus six one-well options offshore
Norway. In addition, customer exercised two one-well options;
- Transocean Barents – Awarded a six-month contract extension plus an option offshore
- Transocean Leader – Awarded a one-well contract in the
U.K. North Sea;
- Transocean Arctic – Customer exercised a one-well option offshore
Norway; and Transocean712 – Awarded a 13-well contract plus a one-well option in the U.K. North Sea.
As previously announced, the company has retired, in an environmentally responsible manner, the following four floaters: Deepwater Discovery, Deepwater Frontier, Deepwater Millennium and Songa Trym.
The report can be accessed on the company’s website: www.deepwater.com.
The statements described in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements contain words such as \"possible,\" \"intend,\" \"will,\" \"if,\" \"expect,\" or other similar expressions. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned shipyard projects and other out-of-service time, sales of drilling units, timing of the company’s newbuild deliveries, operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the future prices of oil and gas, the intention to scrap certain drilling rigs, the benefits, and other factors, including those and other risks discussed in the company's most recent Annual Report on Form 10-K for the year ended
This press release, or referenced documents, do not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and do not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations. Investors must rely on their own evaluation of