RIG giant Transocean suffered a large second quarter loss as it took a $1.6 billion impairment on the sale of its jack-up fleet earlier this year.
The Switzerland-based company's loss for the three months ending 30 June was $1.69 billion, versus a profit of $91 million in the first quarter and $82 million a year ago.
Excluding the impairment on the $1.3
