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DRILLING

Transocean unloads old stock

AS IT contemplates a $US1.5 billion settlement for the Deepwater Horizon disaster, offshore drill...

Andy Graham
Transocean unloads old stock

The buyer is Shelf Drilling, described by Transocean as "a newly formed company sponsored by Castle Harlan, Inc., CHAMP Private Equity and Lime Rock Partners". The sale includes 37 jackups and one swamp...

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