Uncategorized

Transocean posts $1.4B loss in 3Q on fleet impairment

Offshore driller Transocean has reported a third quarter 2017 net loss attributable to controlling interest of $1.417 billion, a result mostly affected by impairment related to rig retirements.

For comparison, the company for the same period last year reported a net income attributable to controlling interest of $218 million.

Read more

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: