Press Release
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Transocean Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN,
Since the prior quarter’s Fleet Status Report, the company has added approximately
Among the contract additions, the ultra-deepwater semisubmersible Petrobras 10000 was awarded a 790-day contract extension offshore
This quarter’s report also includes the following new contracts:
Henry Goodrich – Awarded a one-year contract extension offshoreEastern Canada ;- Transocean Norge – Awarded a six-well contract and four well options in the Norwegian Continental Shelf. The newbuild, harsh environment semisubmersible’s contract is expected to commence in
July 2019 ; Paul B. Loyd, Jr. – Awarded a two-well contract expected to commence inMarch 2019 plus four one-well options in theU.K. North Sea ;Dhirubhai Deepwater KG2 – Awarded a three-well contract expected to commence inFebruary 2019 plus two one-well options offshoreChina ;- Transocean Leader – Awarded a three-well contract in the
U.K. North Sea ; - Deepwater Asgard – Awarded a one-well contract offshore
Mexico ; - Transocean Spitsbergen – Customer exercised one-well option offshore
Norway ; - Deepwater Nautilus – Customer exercised one-well option offshore
Malaysia .
As previously announced, the company has retired the following two floaters:
The report can be accessed on the company’s website: www.deepwater.com.
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Forward-Looking Statements
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
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