Tuesday, October 17, 2017
Maritime News

Two-Year Contract for Ultra-Deepwater Drillship ‘Deepwater Invictus’

Transocean Ltd. (NYSE:RIG) announced Tuesday that its ultra-deepwater drillship Deepwater Invictus has been awarded a two-year contract with options by a subsidiary of BHP Billiton. Transocean said the backlog associated...

October 17, 2017
Total Views: 19

Friday, September 22, 2017

Transocean to Scrap Six Floaters from Fleet

Transocean has announced its plan to scrap six deepwater and ultra-deepwater floating drilling rigs, aka “floaters”, as the offshore drilling company continues to shed older and less-competitive rigs from its...

September 22, 2017
Total Views: 69

Thursday, September 21, 2017
Maritime News

Transocean: Chevron Terminating Contract for Discoverer Clear Leader Drillship

Offshore drilling rig provider Transocean has announced that Chevron has given notice that it will terminate the contract for the ultra-deepwater drillship Discoverer Clear Leader nearly a year ahead of...

September 21, 2017
Total Views: 19

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
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

Monday, March 20, 2017

Borr Drilling to Buy Transocean’s Jack-Up Fleet for $1.4 Billion

Newly established Borr Drilling has announced plans to scoop up Transocean’s entire fleet of high specification jack-up rigs in a deal worth nearly $1.4 billion. Borr Drilling revealed Monday that...

March 20, 2017
Total Views: 33

Tuesday, October 25, 2016
Maritime News

Transocean to Scrap Three Floaters

Offshore drilling contractor Transocean has announced plans to scrap three rigs previously held for sale. In a fleet update on Tuesday, the Swiss-based company said the three semi-submersible midwater floaters,...

October 25, 2016
Total Views: 64

Tuesday, October 4, 2016

Transocean: Contract for Ultra-Deepwater Drillship Discoverer India Terminated Early

Offshore drilling contractor Transocean says it has received a notice for the early termination of the contract for its ultra-deepwater drillship Discoverer India. Transocean announced Monday that its customer Reliance Industries Ltd. (Reliance)...

October 4, 2016
Total Views: 28

Tuesday, September 20, 2016
deepwater pathfinder

At $500 Million a Pop, Stacking Drillships is a Gamble That Has No Precedent

By David Wethe (Bloomberg) — In a far corner of the Caribbean Sea, one of those idyllic spots touched most days by little more than a fisherman chasing blue marlin,...

September 20, 2016
Total Views: 29

Saturday, August 27, 2016
Deepwater Champion Drillship

WATCH – Maiden Voyage Of The World’s Newest Drillship

We are not sure what the Transocean Conqueror plans on conquering besides a ‘worst ship name ever’ competition but the latest drillship of the Transocean fleet is certainly impressive as...

August 27, 2016
Total Views: 97

Thursday, August 18, 2016

Hard Aground: Transocean To Refloat Drilling Rig in Scotland

Salvors are planning to attach a second towline to the grounded drilling rig, Transocean Winner, crews continue to prepare to refloat the drilling rig off the Isle of Lewis in Scotland, the UK...

August 18, 2016
Total Views: 62

Monday, August 15, 2016
Maritime News

Salvage Team Boards Stricken Drilling Rig in Scotland – UPDATE

Aug. 16 – The team of 14 salvors remains on board the Transoocean Winner drilling rig, which is grounded on the Isle of Lewis (Aug. 8). The team is continuing...

August 15, 2016
Total Views: 0

Monday, August 8, 2016

Transocean Rig Aground in Scotland After Tow Breaks in Heavy Weather – Incident Photos

A Transocean semi-submersible drilling rig is hard aground in Scotland’s Western Isles after breaking free from its tow overnight in heavy weather. The 17,000-tonne drilling rig Transocean Winter was under tow...

August 8, 2016
Total Views: 90

Wednesday, August 3, 2016
Deepwater Champion Drillship
Maritime News

Transocean Profits Dwindle as Customers Cut Offshore Drilling

By David Wethe (Bloomberg) — Transocean Ltd.’s profit dwindled in the second quarter as the world’s largest offshore driller struggles to win contracts and keep rigs busy during an oil...

August 3, 2016
Total Views: 10

Friday, July 29, 2016
Deepwater Champion Drillship

Deepwater Drillers “Will Not Recover Anytime Soon” Despite Supplier Uptick, Says Analysts

BY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years, have produced stronger than expected second-quarter...

July 29, 2016
Total Views: 3

Monday, April 25, 2016

Transocean Delays Drillships at Sembcorp Marine

Switzerland-based offshore drilling contractor Transocean (NYSE: RIG) has announced an agreement with a unit of Sembcorp Marine to delay the delivery and related final payments of two dynamically positioned ultra-deepwater...

April 25, 2016
Total Views: 30

Tuesday, March 22, 2016
Polar Pioneer barents sea statoil
Maritime News

Transocean, Schlumberger See Oil Industry Recovery Delayed

By David Wethe (Bloomberg) — Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market recovery taking even longer...

March 22, 2016
Total Views: 20

Tuesday, March 8, 2016
jack-up drilling rigs
Maritime News

Transocean’s Five High-Spec Jackups Delayed at Keppel

Offshore drilling contractor Transocean says it has reached a deal with Singaporean rigbuilder Keppel to delay the delivery and payments of five high-specification jackup drilling rigs until 2020. The five...

March 8, 2016
Total Views: 4

Monday, December 28, 2015
polar pioneer

Shell Terminates Contract for Polar Pioneer Drilling Rig

Royal Dutch Shell has terminated its contract for use of Transocean’s Polar Pioneer drilling rig following the the oil major’s decision to abandon its drilling plans offshore Alaska. Transocean, a Switzerland-based offshore drilling contractor, made...

December 28, 2015
Total Views: 70

Monday, December 21, 2015
Maritime News

Statoil Terminates Contract for ‘Discoverer Americas’ Drillship

Norwegian oil major Statoil has decided to terminate its contract with Transocean for the ultra-deepwater drillship Discoverer Americas over a lack of work.  The drillship has been on contract with Statoil since 2009...

December 21, 2015
Total Views: 16