NEWS ARCHIVE

Transocean books $219M loss

THE fourth quarter of 2012 has been kinder to Swiss-based rig operator Transocean, which reported a net income attributable to controlling interest of $US456 million ($A448M) for the period.

Transocean books $219M loss

However, the company ended 2012 with a full-year $219 million net loss. It is an improvement of the full-year loss in 2011 of $5.75 billion. That was primarily due to a loss of goodwill of about $5.2...

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