transocean

Transocean Ltd., owner of the rig that sank in the 2010 Macondo disaster in the Gulf of Mexico, joined Halliburton Co. in settling all remaining issues with BP

In Transocean’s latest fleet update summary released this afternoon, their 6th generation drill ship Discoverer Americas will be officially heading back

The world's biggest offshore drillers reported plunging earnings and orders on Thursday but managed to get a grip on costs to improve their chances of riding

Considering the 4.5 years of legal battles Transocean (NYSE:RIG) has faced since the Deepwater Horizon tragedy, the involvement of activist investor Carl

Was Steven Newman too conservative to deal with the

Transocean Ltd. will have to do more than slash its dividend by 80 percent for the owner of the world’s largest fleet of offshore rigs to weather the oil

In March 2010, long-time Transocean CEO Robert Long turned over the reins to then COO Steven Newman.  For Newman, this was an exciting opportunity to lead his

Since she was delivered to Transocean in 2009, the 6th generation drillship Discoverer Americas has been on contract with Norwegian energy major Statoil.

Seven more low-specification offshore drilling rigs are now being prepped for sale to a scrapyard today according to Transocean’s latest fleet update.

BP Plc lost a bid for a new trial on findings that it was grossly negligent in the 2010 Gulf of Mexico oil spill, a decision that exposes the company to $18

Transocean offshore drilling reported on Sunday a net loss of $2.217 billion this quarter, or $6.12 per diluted share. Considering the Zug, Switzerland-based

210 kilometers north of Hammerfest, the Transocean Spitsbergen found nothing of consequence after drilling the last of Statoil’s wildcat wells in the

For the Transocean Spitsbergen and the Songa Trym, 2014 will end mid-November. Due to overcapacity in Statoil’s rig portfolio, the company has decided

Transocean’s 6th generation drillship Discoverer Americas drilled into a huge gas reservoir offshore Tanzania recently according to a statement today by

Due to overcapacity in their rig portfolio, Statoil announced today they will be laying up the COSL Pioneer in the fourth quarter of 2014. The COSL Pioneer

Steven Newman, Chief Executive of deepwater drilling firm Transocean scored a big victory today, both for his company and most certainly on a personal level as

Transocean’s Development Driller II (DD2) is having its derrick removed at Fincantieri shipyard in Palermo, Italy in preparation for its mobilization to

Transocean Arctic, a harsh environment semi-submersible on contract to VNG Norge AS via Rig Management Norway has discovered more oil while drilling on the

By Mikael Holter June 20 (Bloomberg) — Statoil ASA failed to find oil in the northernmost site ever drilled off Norway’s Arctic tip. The Apollo well,

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) is responding to a significant equipment failure on board an ultra-deepwater semi-submersible