It has an industry leading position in arguably the strongest global market, the ultra deep, and one of the biggest exposures to the market with the most room for improvement, the mid-water floating segment.
With global offshore rig demand on the up, Transocean has penned a laundry list of strategies for 2005 that include paying down the debt incurred via its newbuilding and acquisitions programmes, as well as testing the limits on dayrates as rig contracts turn over during the next 12 months.
"Marketing
