Transocean Widcat Goes in for Repairs

Transocean Sedco Forex's semisubmersible, Transocean Wildcat, will be taken to port for repairs following the discovery of cracks in a number of diagonal bracings. The cracking was found during a routine inspection of the rig at the end of last week. The rig will undergo repairs at the Hanoytangen yard near Bergen. Repairs are expected to last approximately fourteen days. Statoil is postponing plans for next exploration well on the Gullfaks field until repairs have been completed. The rig had just completed a well in the Rimfaks reservoir when the damage was discovered. The rig had been brought in for repairs last November after cracks had been discovered in horizontal bracings during an annual inspection by Det Norske Veritas. However, the recent cracks were in an area that was not examined during the last inspection.