Thursday, September 4, 2014
deepwater horizon

Transocean Cleared from Deepwater Horizon Blowout Liability

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 U.S. District Judge Carl...

September 4, 2014
Total Views: 47

Monday, August 18, 2014

Drilling Derrick Removal In Progress on Transocean’s DD2

Transocean’s Development Driller II (DD2) is having its derrick removed at Fincantieri shipyard in Palermo, Italy in preparation for its mobilization to the Black Sea.  Due to the two suspension bridges...

August 18, 2014
Total Views: 23

Friday, July 11, 2014
transocean arctic

Hat Trick for Transocean Arctic Offshore Norway, More Drilling Planned

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 Norwegian continental shelf about 33 kilometers south-west...

July 11, 2014
Total Views: 6

Friday, June 20, 2014
transocean spitsbergen rig greenpeace

Greenpeace Cheers as Statoil Comes Up Dry in the Northern Barents

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, which had been the...

June 20, 2014
Total Views: 1

Friday, June 13, 2014
Deepwater Nautilus transocean hyundai heavy semisubmersible drilling rig reading & bates

Transocean Drilling Rig Drops Traveling Block During GoM Well Operations [UPDATE]

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) is responding to a significant equipment failure on board an ultra-deepwater semi-submersible drilling rig in the Gulf of Mexico, approximately 100 miles south of Fourchon, Louisiana.

June 13, 2014
Total Views: 321

Tuesday, May 13, 2014
Transocean marianas deepwater drilling rig

North Sea Tax Change To End Offshore Drillers’ 20-Year Tax Holiday [UPDATE]

By Tom Bergin LONDON, May 13 (Reuters) – A planned change in the way Britain taxes North Sea drillers exposes the loophole in a system that allowed an industry with...

May 13, 2014
Total Views: 2

Wednesday, February 26, 2014
Espadon Jurong Drillship Design

Transocean Orders $1.2 Billion in New Drillships

Transocean, the Switzerland-based offshore drilling contractor which has seen its share price dragging along the bottom of its 52-week low recently, has just announced plans to upgrade its fleet with...

February 26, 2014
Total Views: 119

Friday, December 6, 2013

GSF Grand Banks Back Under Control After Towline Snaps

We received a tip from a gCaptain source that the semi-submersible drilling rig, GSF Grand Banks broke from her tow yesterday south of Newfoundland. MarInt, a predictive maritime analytics system...

December 6, 2013
Total Views: 13

Monday, November 11, 2013
discoverer americas

Transocean Reaches $1.1 Billion Dividend Accord With Icahn

Nov. 11 (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, will boost its dividend and cut costs as part of an agreement with Carl Icahn, months after winning...

November 11, 2013
Total Views: 5

Wednesday, November 6, 2013

Keppel Lands $1.1 Billion Rig Order from Transocean

Singapore's Keppel Corp. said Wednesday it has secured a repeat order from Transocean to build 5 KFELS Super B Class jackup rigs for US$1.1 billion.

November 6, 2013
Total Views: 6

Tuesday, October 15, 2013
Discoverer Americas Transocean Drillship Robert Rob Almeida photography

Chevron Awards Transocean $1.1 Billion Drillship Charter Contract

Chevron has awarded a 5-year, $1.1 billion contract to Transocean today for the charter of a new drillship that will be build over the next few years at Daewoo Shipbuilding...

October 15, 2013
Total Views: 2

Wednesday, August 7, 2013

Transocean Posts Quarterly Profit as Rigs Run More Efficiently

Aug. 7 (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, posted a second-quarter profit after running its vessels more efficiently during a surge in demand from explorers. Net...

August 7, 2013
Total Views: 2

Tuesday, July 16, 2013
transocean arctic

Transocean Arctic Spuds-In North of Hammerfest

Lundin Petroleum announced today that they have spudded in at the Gohta Prospect located approximately 150 km northwest of the northern tip of Norway in the Barents Sea.   Lundin...

July 16, 2013
Total Views: 2

Friday, May 17, 2013

Transocean Investors Reject Icahn Dividend, 32 Year-Old Merksamer Voted to Board

Transocean Ltd. shareholders voted in favor of one of billionaire investor Carl Icahn’s three board nominees, while rejecting his proposal for a $4-a-share annual dividend.

May 17, 2013
Total Views: 7

Wednesday, May 15, 2013
cajun express transocean
Fire Incidents

Transocean’s Sedco Express Coordinates Rescue of 13 from Ablaze Tanker

Transocean’s ultra-deepwater semisubmersible rig, Sedco Express (EXS), coordinated an at-sea firefighting rescue of the crew of a bunkering tanker which had caught fire nearby.

May 15, 2013
Total Views: 19

Monday, May 13, 2013
Discoverer Clear Leader transocean

Transocean Chairman Throws in the Towel Amid Fight with Icahn

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Chairman of the Board and former CEO J. Michael Talbert has announced his intentions to resign.

May 13, 2013
Total Views: 19

Friday, May 3, 2013
transocean marianas

Positive Results May Revive Drilling Off Namibia’s Skeleton Coast, Investors Skeptical

(Bloomberg) — HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in oil exploration after two failures last...

May 3, 2013
Total Views: 4

Monday, April 15, 2013
cajun express transocean

Transocean’s Cajun Express is Heading to Africa

Since May 2010, Transocean’s Cajun Express has been drilling offshore Brazil for Petrobras at a healthy day-rate of $517k per day. UK-based energy firm Cairn Energy, announced this morning they...

April 15, 2013
Total Views: 28

Sunday, April 7, 2013
Deepwater Horizon In Transit

BP Spill Judge Rejects Request to Halt Some Payments

Bloomberg – On Friday the judge presiding over the BP Plc (BP/) spill trial aimed at determining liability for the biggest offshore oil spill in U.S. history rejected an attempt...

April 7, 2013
Total Views: 0

Wednesday, March 27, 2013

Transocean Exec Refutes Claims Deepwater Horizon Was Improperly Maintained

March 26 (Bloomberg) — Transocean Ltd. properly maintained its Deepwater Horizon rig before the April 2010 blowout of a BP Plc well that set off the largest U.S. offshore oil...

March 27, 2013
Total Views: 12