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Need Rig for Your Oil Company ? | Transocean Sell 7 Rig

Transocean want to sell 7 rigs with low specifications, there are : Sedco 710, Sovereign Explorer, Sedco 700, Sedco 601, J.W McLean, GSF Arctic 1 dan Falcon 100. At the same time 4 other of transocean rigs will be sell too, there are : Sedneth 701, Sedco 703, Sedco 709 and C. K. Rhein Jr.
Transocean Drill Ship
One of Transocean Rig

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Rig for Sale
Rig for Sale

They also plan to sort out some of the rigs while analyzing the long-term competitiveness of theirs armada. While Transocean reduce their fleets, some rigs that have been awarded a new contract, including :
Transocean - Deepwater Pathfinder
Transocean Rig - Deepwater Pathfinder

  • GSF Development Driller 1, contracted for 2 years in Angola with the rent price US $ 382,000 / day. The contract value approximately US $ 279 Million.
  • Jack Bates, contracted for 9 minths in Australia with the rent price US $ 370,000 / day. The contract value approximately US $ 101 Million. Previous rent price US $ 420,000 / day.
  • Dhurubhai Deepwater KG2, contracted for 5 months in India with the rent price US $ 395,000 / day. The contract value approximately US $ 59 Million. Previous rent price US $ 510,000 / day.
  • Sedco Express, contracted for 45 days in Nigeria with the rent price US $ 300,000 / day. The contract value approximately US $ 14 Million.
Deepwater Rig Jack up type
Deepwater Rig - Transocean

The other rigs like : Deepwater Pathfinder, Deepwater Explorer, GSF Explorer and Discoverer Seven Seas are still not getting the contract. The number of new contracts obtained in the last month are US $ 453 million. On this day right stock price increased by 4% to US $ 19 on NYSE.
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