September 8, 2008 / 3:38 PM / 11 years ago

Hurricane Gustav causes some damage to Transocean rigs

HOUSTON, Sept 8 (Reuters) - Hurricane Gustav caused some damage to two Transocean Inc (RIG.N) rigs operating in the Gulf of Mexico, and the world’s largest offshore oil and gas driller is making preparations for Hurricane Ike, a spokesman said on Monday.

The Transocean Amirante, a semisubmersible, or floating rig, suffered damage to its mooring system from Gustav and was being towed out of the path of Ike to a shipyard in Mobile, Alabama, Guy Cantwell, a spokesman for Transocean, said.

The Transocean Marianas sustained minor damage from Gustav and is being fully evacuated as a precaution ahead of Hurricane Ike’s expected entry into the Gulf of Mexico sometime on Tuesday.

The Deepwater Nautilus had moderate damage from Gustav, Cantwell said.

He declined to provide specifics about the type of damage to the Amirante and Marianas. Typically, offshore drilling operators are covered by their contracts for days of work lost to storms.

Transocean shares slid 98 cents to $121.29 on the New York Stock Exchange. (Reporting by Anna Driver, editing by Maureen Bavdek)

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