Transocean to ditch rig pair amid drilling market slump

Rig giant to possibly scrap two semisubs and could offload more units as Covid-19 takes toll on market demand

Cutting fleet: Transocean chief executive Jeremy Thigpen
Cutting fleet: Transocean chief executive Jeremy ThigpenPhoto: KAIA MEANS
Published 13 May 2020, 09:53Updated 13 May 2020, 09:53