Wednesday, August 16, 2017

Transocean Shares Take a Beating Over Songa Offshore Deal

By David Wethe and Joe Carroll (Bloomberg) — Transocean Ltd. dropped to the lowest in more than two decades as investors panned its deal to buy Songa Offshore SE in...

August 16, 2017
Total Views: 9

Tuesday, August 15, 2017
Maritime News

Transocean’s Songa Offshore Deal Is Biggest in Oil Downturn

By Mikael Holter and David Wethe (Bloomberg) — Transocean Ltd. agreed to buy Songa Offshore SE in the biggest offshore drilling industry deal since oil prices collapsed three years ago....

August 15, 2017
Total Views: 1

songa offshore

Transocean to Buy Norwegian Rig Firm Songa Offshore for $1.1 Billion

By Terje Solsvik OSLO, Aug 15 (Reuters) – Transocean, one of the world’s biggest drilling rig operators, has agreed to buy Norwegian competitor Songa Offshore for 9.1 billion crowns ($1.1...

August 15, 2017
Total Views: 16

Friday, February 20, 2015
songa eclipse

Songa Offshore Anticipates Stacking More Rigs

Norwegian rig company Songa Offshore expects a challenging 2015 amid fierce competition for fewer contracts despite reporting a slightly better than expected fourth-quarter operating loss on Friday.

February 20, 2015
Total Views: 6

Thursday, November 6, 2014
songa trym

Statoil Suspends Two More Rigs Offshore Norway

For the Transocean Spitsbergen and the Songa Trym, 2014 will end mid-November. Due to overcapacity in Statoil’s rig portfolio, the company has decided to take these two new rigs offline for...

November 6, 2014
Total Views: 2

Friday, July 4, 2014
songa venus

Songa Venus Still Stacked in Malaysia

Songa Offshore’s 1975-built Friede & Goldman L-900 design semisubmersible drilling rig has been stacked in Labuan, Malaysia since 6 May after completing its last contract, according to Songa Offshore today. The...

July 4, 2014
Total Views: 14