transocean

  The world’s most storied deepwater oil rig, the Transocean Marianas, has developed a critical list after an anchor punctured her poontoon and is

By Angel Gonzalez An internal investigation by Transocean Ltd. determined that a series of risky decisions made mostly by BP PLC led to the Deepwater Horizon

The following is a press release issued by Transocean regarding an internal investigation into the causes of the Deepwater Horizon disaster.  The full report

HOUSTON (Dow Jones)–Transocean Ltd. (RIG) said Friday that insurers of its sunken Deepwater Horizon drilling rig have asked a federal judge to decide if

HOUSTON (Dow Jones)–Transocean Ltd. (RIG) shareholders quashed a proposal that would have absolved the company’s directors and top management from

HOUSTON—Transocean Ltd.’s first-quarter profit dropped 54% as the driller’s utilization rate continued to slide, and results missed Wall

WASHINGTON (Dow Jones)–The U.S. offshore drilling regulator is reviewing its authority to apply “any” or “all” of its regulations

On the first anniversary of the Deepwater Horizon (DWH) explosion, BP PLC (BP, BP.LN), the owner of the blown well, filed suit against two of its contractors,

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) said Monday that its ultra-deepwater drillship Dhirubhai Deepwater KG2 has set what it believes to be a world record

Transocean’s senior management team, led by Chief Executive Officer Steven Newman, announced today that they are voluntarily donating the safety bonuses

HOUSTON -(Dow Jones)- Transocean Ltd. (RIG, RIGN.VX) Monday said it regretted using “insensitive” wording in a recent securities filing in which

U.S. Interior Secretary Ken Salazar on Monday rejected media reports that BP PLC (BP, BP.LN) has struck a deal to resume deepwater drilling in the Gulf of

By Daniel Gilbert and Tennille Tracy Of THE WALL STREET JOURNAL Transocean Ltd. (RIG, RIGN.VX) had its “best year in safety performance” despite

While officially headquartered in Zug, Switzerland for tax purposes, Transocean (NYSE: RIG), the world’s largest deepwater drilling contractor, runs the

The Bureau of Ocean Energy Management reported on Friday that they had approved a deepwater drilling permit for Norwegian oil company Statoil.  This is the

(Dow Jones) Jefferies says Chevron’s (CVX) sublet of a Transocean (RIG) ultra-deep-water drillship from Indian energy giant Reliance and plans to bring

HOUSTON — Transocean Ltd. (RIG) Chief Executive Steve Newman received compensation valued at $6.3 million in his first year at the helm of the

HOUSTON (Dow Jones)–Transocean Ltd. (RIG) Chief Executive Steven Newman said the contract driller’s internal investigation into April’s

ZUG, SWITZERLAND — Transocean Ltd. today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing

The Enterprise played a key role during the oil spill disaster last summer, however floating in the oil-saturated ocean above the Macondo Well left her ballast