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
By David Wethe (Bloomberg) — Transocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost
Transocean Ltd. (NYSE:RIG) announced Tuesday that its ultra-deepwater drillship Deepwater Invictus has been awarded a two-year contract with options by a
Transocean has announced its plan to scrap six deepwater and ultra-deepwater floating drilling rigs, aka “floaters”, as the offshore drilling
Offshore drilling rig provider Transocean has announced that Chevron has given notice that it will terminate the contract for the ultra-deepwater drillship
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
By Terje Solsvik OSLO, Aug 15 (Reuters) – Transocean, one of the world’s biggest drilling rig operators, has agreed to buy Norwegian competitor
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
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
Offshore drilling contractor Transocean says it has received a notice for the early termination of the contract for its ultra-deepwater
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
We are not sure what the Transocean Conqueror plans on conquering besides a ‘worst ship name ever’ competition but the latest drillship of the
Salvors are planning to attach a second towline to the grounded drilling rig, Transocean Winner, crews continue to prepare to refloat the drilling
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
A Transocean semi-submersible drilling rig is hard aground in Scotland’s Western Isles after breaking free from its tow overnight in heavy weather.
By David Wethe (Bloomberg) — Transocean Ltd.’s profit dwindled in the second quarter as the world’s largest offshore driller struggles to win
BY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years,
Switzerland-based offshore drilling contractor Transocean (NYSE: RIG) has announced an agreement with a unit of Sembcorp Marine to delay the delivery and
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
Offshore drilling contractor Transocean says it has reached a deal with Singaporean rigbuilder Keppel to delay the delivery and payments of five
Royal Dutch Shell has terminated its contract for use of Transocean’s Polar Pioneer drilling rig following the the oil major’s
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