Take delivery of two newbuild drillships
Not delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 21 Jul 2016
- Due
- 30 Sep 2020
- Checked
- 24 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The two drillships on order from Sembcorp Marine's subsidiary, Jurong Shipyard, are expected to be delivered in the first quarter and third quarter of 2020.”
What we found
Evidence strength A What the grades mean
Transocean did not take delivery of the two drillships by the third quarter of 2020; filings from November 2020 confirm the rigs were still under construction.
-
A Transocean 10-Q filed 2020-11-04
“As of September 30, 2020, we were constructing two ultra-deepwater drillships.” ✓ confirmed on the page
-
A Transocean 10-Q filed 2021-05-04
“We currently expect that the shipyard will be ready to deliver Deepwater Atlas in the fourth quarter of 2021, which is outside of the contractual delivery window for the rig.” ✓ confirmed on the page
-
A Transocean 10-Q filed 2021-05-04
“We currently expect that the shipyard will be ready to deliver Deepwater Titan in the second quarter of 2022, which is outside of the contractual delivery window for the rig.” ✓ confirmed on the page
Market reaction: the shares moved +10.7% against the S&P 500 over the three sessions around the disclosure (3 Nov 2020 to 6 Nov 2020). What this measures
Checked 24 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Delivery
- Indicative materiality
- Medium rules
- Action
- Take
- Deliverable
- Two newbuild drillships
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Depends on
- Supplier
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
- Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2016-RIG-020748 · Corrections policy