Transocean Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN,
On
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This report also includes the following:
- Deepwater Asgard – Awarded a three-well contract plus a one-well option in the U.S. Gulf of
Mexico ; - Deepwater Invictus – Awarded a two-well contract extension in the U.S. Gulf of
Mexico ; - Discoverer
India – Awarded a five-well contract offshore theIvory Coast ; Dhirubhai Deepwater KG2 – Awarded a three-well contract plus five one-well options offshoreMyanmar ;Dhirubhai Deepwater KG1 – Awarded a six-well contract plus options offshoreIndia ;- Deepwater Nautilus – Awarded a one-well contract plus three one-well options offshore
Brunei ; - Transocean Spitsbergen – Awarded a 22-well contract plus one three-well option and two one-well options in the
Norwegian North Sea ; Paul B. Loyd, Jr. – Awarded a one-well contract in theU.K. North Sea ;- Transocean Leader
- Amendment, that replaces the previous contract scheduled to expire in
May 2019 , is comprised of 210 days commencing in July of 2018 in theU.K. North Sea ; and - Awarded a 90-day contract plus a one-well option in the
U.K. North Sea with another customer.
- Amendment, that replaces the previous contract scheduled to expire in
- Transocean Arctic – Awarded two contracts with different customers in the
Norwegian North Sea as follows:- Three-well contract plus two one-well options; and
- Four-well contract.
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
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