Transocean Ltd. Provides Fleet Update Summary
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Transocean Ltd. /
Transocean Ltd. Provides Fleet Update Summary
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ZUG, SWITZERLAND--(Marketwire - May 17, 2012) - Transocean Ltd. (NYSE: RIG)
(SIX: RIGN) today issued a monthly fleet update summary which includes newly
signed contracts, significant changes to existing contracts, and changes in
estimated planned out of service time of 15 days or longer for all rig
classifications since the previously issued comprehensive fleet status
report. Backlog associated with new contracts or extensions since the April
18, 2012 fleet status report is approximately $726 million. Planned 2012 out of
service time increased by a net 471 days, which includes 320 days (68 percent)
associated with rigs preparing for new or potential contracts and 105 days (22
percent) related to recertification of well control equipment on two additional
rigs.
Highlights are as follows:
* Transocean Spitsbergen - Customer exercised two-year options for work
offshore Norway at a dayrate of $542,000 ($396 million contract
backlog). The rig's prior dayrate was $500,000.
* GSF Constellation I - Awarded a three-year contract for work offshore
Indonesia at a dayrate of $150,000 ($164 million contract backlog). The
rig's prior dayrate was $140,000.
* GSF Monitor - Awarded a one-year contract for work offshore Nigeria at a
dayrate of $153,000 ($56 million contract backlog). The rig's prior dayrate
was $118,000.
* GSF Rig 135 - Awarded a 120-day contract for work offshore Nigeria at a
dayrate of $340,000 ($41 million contract backlog). The rig's prior dayrate
was $260,000.
* GSF Monarch - Customer exercised options for work offshore Denmark at a
dayrate of $94,000 ($34 million contract backlog).
* GSF Galaxy III - Customer exercised a six-month option for work in the U.K.
sector of the North Sea at a dayrate of $149,000 ($27 million contract
backlog).
* Randolph Yost - Being reactivated in preparation for potential contracts.
* Well Control Equipment Recertification - The company has now obtained third
party certification of well control equipment on 31 of its 63 active
floaters, including 19 of its 27 ultra-deepwater rigs.
* Since the April 18, 2012 fleet status report, the company has sold the
Transocean Nordic and Roger W. Mowell, which were previously held for
sale. The details of the transactions have not been disclosed.
The fleet update summary can be accessed at www.deepwater.com by clicking on the
Fleet Status Report link found in the toolbar.
Forward-Looking Statements
Statements regarding the 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, as
well as any other statements that are not historical facts in the report, are
forward-looking statements that involve certain risks, uncertainties and
assumptions. These include but are not limited to operating hazards and delays,
risks associated with international operations, actions by customers and other
third parties, the future prices of oil and gas and other factors detailed in
the company's most recent Form 10-K and other filings with the Securities and
Exchange Commission. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those indicated.
About Transocean
Transocean is a leading international provider of offshore contract drilling
services for oil and gas wells. We own or have partial ownership interests in
and operate a fleet of 129 mobile offshore drilling units consisting of 50 High-
Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment
semisubmersibles and drillships), 25 Midwater Floaters, nine High-Specification
Jackups, 44 Standard Jackups and one swamp barge. In addition, we have two
Ultra-Deepwater Drillships and four High-Specification Jackups under
construction. The company specializes in technically demanding sectors of the
global offshore drilling business with a particular focus on deepwater and harsh
environment drilling services. We believe we operate one of the most versatile
offshore drilling fleets in the world.
For more information about Transocean, please visit the website at
www.deepwater.com.
Analyst Contacts:
Thad Vayda
+1 713-232-7551
Diane Vento
+1 713-232-8015
Media Contact:
Guy A. Cantwell
+1 713-232-7647
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Transocean Ltd. via Thomson Reuters ONE
[HUG#1613152]
Unternehmensinformation / Kurzprofil:
Datum: 17.05.2012 - 22:15 Uhr
Sprache: Deutsch
News-ID 147997
Anzahl Zeichen: 5691
contact information:
Town:
Vernier
Kategorie:
Business News
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