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transocean


Tuesday, October 6, 2020
offshore drillship
Maritime News

Transocean’s Plan to Avoid Bankruptcy May Cause One Just the Same

By Allison McNeely (Bloomberg) — Measures taken by Transocean Ltd. to stave off a bankruptcy filing could be exactly what ends up sending the offshore

October 6, 2020
Total Views: 105

Thursday, August 20, 2020
samsung-heavy-drillship-construction
Offshore

Offshore Drilling Is ‘Structurally Damaged’ And Help Is Not Coming

(Bloomberg) – President Donald Trump helped to clinch an unprecedented deal among the world’s largest crude producers, but the pact hasn’t stopped

August 20, 2020
Total Views: 181

Wednesday, August 19, 2020
Deepwater Champion Transocean seatrial drillship
Offshore

Offshore Crisis: Recent Failures Have Created A Massive $30 Billion Financial Risk

By David Wethe and Allison McNeely (Bloomberg) Offshore oil servicers are going bust at the fastest pace in three years as explorers spurn high-cost drilling

August 19, 2020
Total Views: 169

Wednesday, August 5, 2020
Drillship Offshore Brazil
Maritime News

Transocean Hires Financial Advisor to Evaluate ‘Strategic Alternatives’

By David Wethe (Bloomberg) –Transocean Ltd. has tapped Lazard Freres & Co. LLC to be its financial adviser as the world’s biggest owner of

August 5, 2020
Total Views: 69

Friday, May 15, 2020
Deepwater Champion Drillship
Finance

Transocean Is The Decade’s Biggest Loser

With COVID19 wreaking havoc in the stock market, you might think that travel or tourism stock might be the biggest losers of the past decade. But, according to

May 15, 2020
Total Views: 1516

Wednesday, January 8, 2020
offshore oil rig
Maritime News

Transocean’s First Fleet Status Report of 2020 Reflects Offshore Drilling Uptick

Offshore drilling contractor Transocean has announced nearly $353 million in new rig contracts and exercised options as the offshore drilling market continues

January 8, 2020
Total Views: 47

Thursday, October 3, 2019
Transocean Spitsbergen
Environment

Transocean Semi-Submersible is First to Use Battery Power for Drilling Operations

Deepwater drilling contractor Transocean says it has deployed that world’s first hybrid battery system on floating drilling rig to supplement power needs

October 3, 2019
Total Views: 167

Tuesday, September 24, 2019
Deepwater Champion Drillship
Offshore

Transocean Relinquishes Ownership in Drillship Pair Under Construction

Offshore drilling contractor Transocean has decided to walk away from two drillships under construction at South Korea’s Samsung Heavy Industry. In a

September 24, 2019
Total Views: 240

Friday, September 21, 2018
Transocean Norge.
Maritime News

Newbuild Rig Transocean Norge Lands Six-Well Contract from Equinor with Options

Norwegian energy giant Equinor announced today it has awarded Transocean a six-well contract on the Norwegian continental shelf (NCS) for the newbuild harsh

September 21, 2018
Total Views: 17

Wednesday, September 5, 2018
Deepwater Champion Drillship
Offshore

Transocean May Reactivate 3 Rigs A Year As Recovery Takes Hold

by David Wethe (Bloomberg) — Transocean, the world’s biggest offshore oil driller, may reactivate two to three mothballed rigs a year as the

September 5, 2018
Total Views: 21

Tuesday, September 4, 2018
Maritime News

Transocean to Acquire Ocean Rig in $2.9 Billion Deal

By Will Wade and Simon Casey (Bloomberg) — Transocean Ltd., the world’s largest offshore drilling company, agreed to buy a smaller rival in a $2.9

September 4, 2018
Total Views: 43

Tuesday, July 17, 2018
Transocean Lands 11-Well Contract for ‘GSF Development Driller I’ in Australia
Maritime News

Transocean Lands 11-Well Contract for ‘GSF Development Driller I’ in Australia

Offshore drilling contractor Transocean says its ultra-deepwater semi-submersible GSF Development Driller 1 has been awarded an 11-well contract offshore

July 17, 2018
Total Views: 110

Wednesday, February 21, 2018
offshore rig north sea
Offshore

Offshore Oil Recovery Beginning in World’s Harshest Environments

By David Wethe (Bloomberg) — Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s

February 21, 2018
Total Views: 2

Friday, February 16, 2018
Transocean to Take $112 Million Hit Over Rig Breakdown
News

Transocean to Take $112 Million Hit Over Rig Breakdown

Offshore driller Transocean will take a $112 million hit from a drilling contract amendment for its harsh-environment semi-submersible Transocean Leader.

February 16, 2018
Total Views: 72

Wednesday, October 18, 2017
deepwater pathfinder
News

Oil’s Biggest Rigs Get Sent to Junkyard as Daily Losses Mount

By David Wethe (Bloomberg) — Transocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost

October 18, 2017
Total Views: 248

Tuesday, October 17, 2017
Two-Year Contract for Ultra-Deepwater Drillship ‘Deepwater Invictus’
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

October 17, 2017
Total Views: 50

Friday, September 22, 2017
Transocean to Scrap Six Floaters from Fleet
News

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

September 22, 2017
Total Views: 343

Thursday, September 21, 2017
Transocean: Chevron Terminating Contract for Discoverer Clear Leader Drillship
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

September 21, 2017
Total Views: 53

Wednesday, August 16, 2017
Transocean Shares Take a Beating Over Songa Offshore Deal
News

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

August 16, 2017
Total Views: 146

Tuesday, August 15, 2017
songa offshore
News

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

August 15, 2017
Total Views: 26
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