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Stock Market & Financial Investment News

News Breaks
March 18, 2014
08:05 EDTRIGTransocean says GSF Development Driller I rig now idle
Transocean issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since February 18. The total value of new contracts since February 18's update summary is approximately $14M. Transocean indicated that its GSF Development Driller I rig in the U.S. Gulf of Mexico is now idle. The GSF Galaxy III was awarded an approximate two and one-half month contract extension for use as an accommodation unit in the U.K. sector of the North Sea at a dayrate of $180,000, or $14M estimated backlog. The rig's prior dayrate was $226,000, the company said. Estimated 2014 planned out-of-service time increased by a net two days. Shares of Transocean are down about 1% to $38.47 in pre-market trading following the fleet update.
News For RIG From The Last 14 Days
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September 21, 2014
12:48 EDTRIGTransocean to host special shareholder meeting
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September 12, 2014
10:27 EDTRIGTransocean falls in a weak energy sector, levels to watch
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07:14 EDTRIGTransocean management to meet with Deutsche Bank
Meetings to be held in Frankfurt/The Netherlands on September 12 hosted by Deutsche Bank.
September 11, 2014
07:49 EDTRIGTransocean management to meet with Deutsche Bank
Meetings to be held in Stockholm/Frankfurt on September 11 hosted by Deutsche Bank.

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