Transocean to sell two jack-ups

Rig sale: Transocean to sell two jack-ups

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By Anthony Guegel

 15 March 2012 23:07 GMT

Transocean today hung the “for sale” sign on two cantilever jack-up rigs stacked off Malaysia – the Transocean Shelf Explorer and Transocean Nordic.

Both three-legged units are capable of operating in 300 feet of water and drilling down to a depth of at least 20,000 feet.

Both are also about 30 years old. The Transocean Nordic, a CFEM T-2600-C1 design, was built in 1984 in Dunkirk, France, and modified in 1996.

Built in 1982, also in Dunkirk, Transocean Shelf Explorer is a CFEM T-2005-C cantilever design.

It was not disclosed whether the units would be sold for other purposes or for scrap.

The jack-ups were “reclassified as held for sale” according to the fleet status report dated 15 March which was released on Thursday.

In…

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