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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: mph who wrote (18330)4/7/1998 12:02:00 PM
From: RGinPG  Read Replies (2) of 95453
 
Texaco<TX.N> extends Transocean<RIG.OL> rig deals
OSLO, April 7 (Reuters) - Oil-rig company Transocean
Offshore Inc <RIG.OL> <RIG.N> said on Tuesday that Texaco <TX.N>
had extended its contracts on two second-generation
semi-submersible rigs, the Transocean 96 and Transocean 97.
The Transocean 96 contract extension, which is expected to
begin in June 1998, is for a period of three years, with the
second and third year subject to cancellation following a
one-year notification period.
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Copyright REUTER 09:19 04-07-98
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