Transocean
provides update on fleet contract status
Posted: 27 February 2004
Transocean Inc announced its report of drilling rig status and
contract information covering the company's offshore drilling fleet
has been updated as of February 27, 2004.
Drilling rig status and contract information on Transocean Inc.'s
offshore drilling fleet has been condensed into a report titled
"Monthly Fleet Update," which is available through the
company's website at www.deepwater.com. The report is located in
the "Investor Relations/Financial Reports" section of
the website.
Transocean Inc. is the world's largest offshore drilling contractor
with full or partial ownership in 96 mobile offshore drilling units,
excluding the 70-rig fleet of TODCO, a publicly-traded drilling
company in which Transocean Inc. owns a majority interest.
The company's mobile offshore drilling fleet is considered one
of the most modern and versatile in the world due to its concentration
in technically demanding segments of the offshore drilling business,
including industry-leading positions in high-specification deepwater
and harsh environment drilling units.
The company's fleet consists of 32 High-Specification semisubmersibles
and drillships (floaters), 26 Other Floaters, 26 Jackup Rigs and
other assets utilized in the support of offshore drilling activities
worldwide. With a current equity market capitalization in excess
of $9 billion, Transocean Inc.'s ordinary shares are traded on the
New York Stock Exchange under the symbol "RIG."
For more information see http://www.deepwater.com
Posted by Richard Price,
Editor Pipeline Magazine
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