Transocean to Dispose of Five Stacked Rigs to Optimize Fleet

Monday, September 1, 2025

Offshore drilling contractor Transocean has announced plans to dispose of four drillships and one semi-submersible drilling rig as part of its fleet optimization efforts.

On August 27, 2025, Transocean announced it intends to dispose of, by sale to a third party for recycling or alternative use, of the four stacked ultra-deepwater drillships and one semi-submersible unit.

The drillships up for disposal include Discoverer Clear Leader and Discoverer Americas, both built in 2009, the 2011-built Deepwater Champion, and the 2010-built Discoverer India.

Transocean also plans to dispose of the Henry Goodrich semi-submersible rig, stacked since March 2020.

The company expects its third quarter 2025 results to include an estimated non-cash charge of approximately $1.9 billion associated with the impairment of these assets.

Categories: Industry News Activity Europe Rigs Drillships Oil and Gas

Related Stories

Turkey’s TPAO, Shell Partner for Offshore Exploration in Bulgaria

OneSubsea Gets Gullfaks Subsea Compression Upgrade by Equinor

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Current News

TVO Adds to Project Management Team

BOEM Proposes BBG3, Third Gulf of America Lease Sale

Op/Ed: Crude Oil's Iran Premium Assumes No Supply Disruption

Turkey Objects to Greece’s Chevron Energy Deal in Eastern Mediterranean

Subscribe for OE Digital E‑News