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Transocean Stock: Strong Fleet Status Report But Issues Remain (NYSE:RIG)

The recovery in the offshore drilling markets continues to gain traction as evidenced by an impressive 15% sequential backlog increase for Transocean. Read why RIG is a buy.

Southeast Asia market for drilling rigs lukewarm despite lofty oil prices

Global and regional upstream activities, including in Southeast Asia, are rising, as more exploration and development projects are evaluated and approved.

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