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
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.
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
By Allen Johnson Jr. and Margaret Cronin Fisk (Bloomberg) — Transocean Ltd. crew on the Deepwater Horizon “should have done more” to prevent
Statoil announced today that they have signed a three year contract with Stena Drilling to contract their drillship, Stena Carron, for exploration drilling in
(Bloomberg) — Billionaire investor Carl Icahn proposed three new Transocean Ltd. board candidates and said he’d push for a higher dividend after
(Bloomberg) — Transocean Ltd., the owner of the Deepwater Horizon rig that exploded while drilling in the U.S. Gulf of Mexico in 2010, reinstated
By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc, Transocean Ltd. and Halliburton Co. are seeking to avoid billions of dollars in damages by
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