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Transocean rig that ran aground now headed to Malta

Oct. 17, 2016 2:17 PM ETTransocean Ltd. (RIG) StockRIGBy: Carl Surran, SA News Editor10 Comments
  • Transocean's (RIG +0.3%) 17K-ton oil drilling rig that ran aground off the Scottish coast more than two months has finally departed its anchorage en route to Malta.
  • The Transocean Winner rig ran aground at Dalmore Bay on the Isle of Lewis in a storm in early August while being towed to Malta, was refloated after three weeks and anchored at Broad Bay before being put on board a heavy lift ship ship used for transporting large maritime structures over long distances.
  • Turkish authorities had to provide the documentation that will allow the drilling rig to eventually be taken to a yard in Turkey where it will be scrapped.
  • Investigations found two of the rig's four fuel tanks were damaged in the incident, but most of the fuel that was spilled likely has evaporated with no damage to the environment.

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