Statoil Stacks High Spec Rig as Drilling Contractors Continue to Sweat
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
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
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
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
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
Nov. 11 (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, will boost its dividend and cut costs as part of an agreement
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
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
Aug. 7 (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, posted a second-quarter profit after running its vessels more
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
Transocean Ltd. shareholders voted in favor of one of billionaire investor Carl Icahn’s three board nominees, while rejecting his proposal for a
Transocean’s ultra-deepwater semisubmersible rig, Sedco Express (EXS), coordinated an at-sea firefighting rescue of the crew of a bunkering tanker
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Chairman of the Board and former CEO J. Michael Talbert has announced his intentions to
(Bloomberg) — HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in
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
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.
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