Transocean Ltd. Provides Fleet Status Report
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Transocean Ltd. /
Transocean Ltd. Provides Fleet Status Report
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ZUG, SWITZERLAND--(Marketwire - April 18, 2012) - Transocean Ltd. (NYSE: RIG)
(SIX: RIGN) today issued a comprehensive Fleet Status Report which provides
current status and contract information for the company's entire fleet of
offshore drilling rigs. Backlog associated with new contracts or extensions
since the fleet update summary in March 2012 is approximately $220 million.
Planned 2012 out of service time increased by a net 391 days, which is expected
to be incurred primarily in the second quarter of 2012, and includes 306 days
(78 percent) associated with preparing rigs for new or potential contracts.
Highlights are as follows:
* GSF High Island VII - Awarded a one-year contract for work offshore Nigeria
at a dayrate of $137,000 ($50 million contract backlog). The rig's prior
dayrate was $125,000.
* GSF Adriatic IX - Awarded a one-year contract extension for work offshore
Nigeria at a dayrate of $137,000 ($50 million contract backlog). The rig's
prior dayrate was $100,000.
* GSF Galaxy I reactivation - Awarded a one-year contract for accommodation
work in the U.K. sector of the North Sea at a dayrate of $133,000 ($48
million contract backlog). The rig was previously stacked.
* Transocean Prospect - Customer exercised a six-month option for work in the
U.K. sector of the North Sea at a dayrate of $252,000 ($45 million contract
backlog). The rig's prior dayrate was $246,000.
* GSF Key Hawaii - Customer exercised options, estimated at 200 days, for work
offshore Vietnam at a dayrate of $131,000 ($26 million contract
backlog). The rig's prior dayrate was $116,000.
* Consistent with the company's asset strategy, in 2012, the following stacked
rigs have been sold: GSF Rig 136 and Transocean Shelf Explorer. Transaction
details have not been disclosed. The Transocean Nordic, Roger W. Mowell,
Trident 17 and GSF Adriatic II, all of which were stacked, are currently
held for sale.
* Deepwater Expedition, GSF Galaxy I, C.E. Thornton, F.G. McClintock, Trident
XIV and Transocean Rather are among the rigs preparing for new or potential
contracts during 2012 planned out of service time.
* Well Control Recertification - The company has now obtained third party
certification of well control equipment on 30 of its 63 active floaters,
including 18 of its 27 ultra-deepwater rigs.
The fleet status report 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#1603900]
Unternehmensinformation / Kurzprofil:
Datum: 18.04.2012 - 22:15 Uhr
Sprache: Deutsch
News-ID 136779
Anzahl Zeichen: 5736
contact information:
Town:
Vernier
Kategorie:
Business News
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