Transocean (RIG) is making headlines with its strategic decision to divest five drilling rigs, such as the Discoverer Clear Leader and Discoverer Americas. This move is poised to result in an estimated $1.9 billion impairment charge for Q3.
[pdf] Checkout Current Transformers (CTs) and check resistance across each one while it is disconnected. All resistances should be within 10% of one another. Also do a diode test on the CT inputs on each compressor module. (The diode test is described in RTAA-SVB10B-EN.)
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