Company: RIG
Filing Date: 2025-08-27
Form Type: 8-K
Source: 0001451505-25-000090
Chunk: 0

Company: Transocean Ltd.
Filing Date: 2025-08-27
Form: 8-K
Item: Item 2.06
Chunk 0
---
Item 2.06

Material Impairments

On August 27, 2025, Transocean Ltd. (the “ Company”) announced that it intends to dispose of, by sale to a third party for recycling or alternative use, the following rigs which are classified as held for sale: Discoverer Clear Leader, Discoverer Americas, Deepwater Champion, Henry Goodrichand Discoverer India, as well as certain assets primarily associated with these rigs.

As a result of the decisions taken by the Company on August 27, 2025, to dispose of these assets, the Company expects its third quarter 2025 results to include an estimated non-cash charge of approximately $1.9 billion associated with the impairment of these assets.

Item 9.01 Financial Statements and Exhibits