Offshore exploration service provider Transocean has actually revealed strategies to junk 3 gears formerly held to buy.

In a fleet upgrade on Tuesday, the Swiss- based firm stated the 3 semi-submersible midwater advances, Transocean Driller, Transocean Winner, and also the Sedco 704 will certainly be reused in an ecologically liable way.

Other understandings from the upgrade consist of the formerly revealed very early discontinuation of the agreement for the ultra-deepwater drillship Discoverer India by clientReliance Industries The discontinuation is established for December 2016, before its expiry in January 2021. In conformity with the agreement, Transocean will certainly be paid a lump-sum repayment of around $160 million.

Elsewhere in the fleet, the semi-submersible Transocean Barents has actually been granted a 15 month agreement offshore Canada at a dayrate of $260,000. Meanwhile the Sedco 712, an additional semi-submersible, was granted a 16 well agreement along with a one well agreement in the UK market of the North Sea, both at concealed dayrates. Transocean Spitsbergen, a harsh-environment semi-submersible, has had its agreement prolonged after the client worked out alternatives at an unrevealed dayrate.

Since February 2016, Transocean’s fleet of mobile overseas exploration devices has actually avoided 61 devices to currently 57. The firm additionally has 5 ultra-deepwater drillships and also 5 high-specification jackups incomplete or under agreement to be built.