TRANSOCEAN SCRAPS TWO AGING FLOATERS

February 10, 2017

Transocean advised that the aging floaters M.G. Hulme, Jr. and GSF Rig 140 were classified as held for sale and will be scrapped. The deepwater floater M.G. Hulme, Jr. and the mid-water floater GSF Rig 149, were built by Daewoo at Okpo shipyard in South Korea and delivered in 1983. (Source: Transocean)