Transocean to Sell Two Drillships to Optimize Asset Portfolio
Transocean(RIG) ZACKS·2024-09-04 19:47
Transocean Ltd. (RIG) , a leading offshore drilling contractor, has announced its decision to sell Development Driller III and the Discoverer Inspiration along with associated assets. Valued at 147 million, respectively, these transactions are part of RIG's ongoing strategy to streamline its portfolio and dispose of non-strategic assets, totaling $342 million. This move is expected to have substantial financial implications and highlights the company's commitment to improving its financial ...