In a regulatory filing, the company stated, “On June 3, 2025, Transocean (RIG) Ltd. announced that it intends to dispose of, by sale to a third party or by recycling, the following rigs: GSF Development Driller I and Discoverer Luanda, which are classified as held for sale as of May 30, 2025. The company is also evaluating the commercial feasibility of disposing of, by sale to a third party or by recycling, the Development Driller III and Discoverer Inspiration, which were previously classified as held for sale. As a result of the decisions taken by the company on May 30, 2025, the company concluded that it expects its second quarter 2025 results to include an estimated non-cash charge ranging between $1.1 billion and $1.2 billion associated with the impairment of these rigs and related assets.”
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