Transocean Ltd. issued a financial report today. The company's reported net income attributable to controlling interest is $155 million, or $0.48 per diluted share, for the three months ended June 30, 2011. The results compare to net income attributable to controlling interest of $715 million, or $2.22 per diluted share, for the three months ended June 30, 2010.
To read the entire report, visit http://www.deepwater.com/fw/main/News-748.html.
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Abnormal liner wear and seized or broken piston rings can result in costly consequences.
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