The Zug, Switzerland-based contractor said it had found buyers for the GSF Adriatic VIII and the DR Stewart, though it did not reveal the details of the transactions.

Transocean chief executive Steven Newman has repeatedly articulated the company strategy to sell off assets, with deals struck for 38 units and counting.

"It’s all about reducing our exposure to low-spec commodity class assets and increasing our exposure to high-spec assets," he said in an interview with Upstream.

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