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Transocean posts a loss amid string of impairments

Swiss drilling contractor Transocean has posted a half year loss in revenues, due to a number of “unfavorable items” bringing down the accounts. Revenues for up to June 2017 amounted to £1.1billion down compared to the £1.6billion made in the same period last year. The company made a loss of £1.2billion compared to a pre-tax […]