Transocean to dispose of several rigs, take $1.9B charge in Q3

Transocean (NYSE:RIG) -1.9% pre-market Thursday after disclosing it plans to dispose of five drilling rigs and related assets, resulting in a ~$1.9B impairment charge in its Q3 results.

Transocean (NYSE:RIG) said the rigs the rigs to be sold for recycling or alternative use are the Discoverer Clear Leader, Discoverer Americas, Deepwater Champion, Henry Goodrich, and Discoverer India.

No additional financial details about the sale or specific buyers were disclosed in the filing.