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Transocean (RIG +5.3%) expects most of the recent improvement in revenue generating levels of...

Transocean (RIG +5.3%) expects most of the recent improvement in revenue generating levels of its rigs will be sustained next year, though rising costs remain a challenge across the industry due to the influx of new rigs and heavy activity soaking up spare labor and equipment. RIG expects revenue efficiency from continuing operations to average ~93% in Q4.
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