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RIG Transocean Ltd

5.48
0.21 (3.98%)
Last Updated: 18:35:43
Delayed by 15 minutes
Share Name Share Symbol Market Type
Transocean Ltd NYSE:RIG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.21 3.98% 5.48 5.49 5.31 5.33 12,510,106 18:35:43

Sembcorp Marine Gets $1.08 Billion in Contracts from Transocean to Build 2 Drillships

27/02/2014 12:17am

Dow Jones News


Transocean (NYSE:RIG)
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   By Chun Han Wong 
 

SINGAPORE--Sembcorp Marine Ltd. (S51.SG) said one of its units received from a Transocean Ltd. (RIG) subsidiary contracts worth a combined $1.08 billion to build two drillships.

Jurong Shipyard is due to deliver the drillships in the second quarter of 2017 and first quarter of 2018 respectively, Sembcorp said in a statement to the Singapore Exchange. Transocean has also taken options for an additional three drill ships, it added.

Transocean currently owns and operates six drilling rigs built by Sembcorp Marine's units, including two rigs built by Jurong Shipyard.

Write to Chun Han Wong at chunhan.wong@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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