Shelf Drilling selling four stacked jackups, swamp barge - Offshore

Facts About Keppel delivers another jackup rig to Grupo R with sale and Revealed

for the 5 jack-ups and will need to pay an extra cost for the current shipment delay. Third, the rig fleet will be significantly decreased without impacting substantially incomes. The fleet will go down to 46 floaters and 2 drillship under construction. However, this number will be lower since the company is noting actually 22 cold stacked floaters and 10 floaters "held for sale". Which suggests that the RIG fleet may ultimately decrease to around 25 floaters at the end of 2017. 10 per diluted share, web of tax ), connected with the disability of the deepwater floaters M.G. Hulme, Jr. and Sedco 702 and the midwater floaters, GSF Rig 140, Sedco 704, Transocean Driller, Transocean John Shaw and Transocean Winner, in addition to related and other devices, which were classified as properties held for sale at the time of disability. 2 billion for the 15 jack-ups. I securely believe Evercore ISI's James West and group explanation regarding the jack-up examination is not sensible. They should not have applied a typical expense of $120 million per rig as they did, and.

Cash Buyers All Jacked-up for Rig Recycling

conclude that the price was expensive? In fact, I consider it as a reasonable deal and here is why. Estimated worth of $290 million ($ 60 million per JU plus 30% of stockpile ). 2- 5 Jack-ups cold stacked ($ 30 million each )and 1 Jack-up($ 60 million )soon to be idle. Estimated Worth of $210 million. 3 -5 Jack-ups under-construction with shipment in 2020-2021 for an overall rate staying of $810 million +recent delay costs. I see this offer as a positive transaction for Transocean and Borr Drilling also, who will own a competitive and fairly modern-day Jack-up fleet at a large discount rate. Transocean will have the ability to decrease net debt to roughly$ 4. 3 billion, with a substantial lower capex in 2020-2021 and just two drillships under-construction to take care about. House Ships Offshore Jack-up Rigs/ Drill Ships Only severe and ready Buyer requirement to apply. Tks.  Learn More Here  can establish for charter or sale the attached Jack Up offshore Drilling Rig Specifications for review against named buyer! roglim for charter on think about a sale for the connected Jack Up Rig Last 5 year SPS was December 2017 Please discover