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DRILLING

Rig sales bite Transocean's bottom line

OFFSHORE drilling giant Transocean's quarterly revenues have surged on the back of a 25% year-on-...

Andy Graham
Rig sales bite Transocean's bottom line

Transocean's September quarter revenues were $US2.4 billion, a 22% jump on the Q3 2011 result and a 4% improvement over the June quarter. The company's fleet utilisation jumped from 58% in Q3 2011 to...

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