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
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
Norwegian oil major Statoil has decided to terminate its contract with Transocean for the ultra-deepwater drillship Discoverer Americas over
by Mikael Holter (Bloomberg) Transocean Ltd., the biggest offshore-rig operator, won a contract to drill four wells off Norway for Det Norske Oljeselskap ASA
Drilling contractor Transocean announced Monday that the delivery of two newbuild drillships currently under construction in South Korea will be delayed
By Peter Millard and Yasmine Batista (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, is being linked for the first
By John Miller ZURICH, Sept 3 (Reuters) – A ship built by the CIA for a secret Cold War mission in 1974 to raise a sunken Soviet sub
By Joe Carroll (Bloomberg) — Transocean Ltd., the offshore oil-rig operator that lost two-thirds of its value in the past year, plans to cancel
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