Drilling rigs hit transocean

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Transocean rig trio''s ongoing drilling gigs get an encore

Switzerland-based offshore drilling contractor Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible

Transocean rig heads to Australia for multi-year

The semisub Transocean Equinox has departed Singapore for a five-well drilling contract on the Northwest Shelf offshore Western Australia.

Transocean to scrap five long-stacked rigs

5 days ago· Swiss-based offshore drilling giant Transocean has decided to sell five of its stacked rigs. Transocean said it would be selling the rigs to third parties for either recycling or

Transocean issues Q1 2025 fleet status update | Offshore

Transocean Ltd. issued a quarterly fleet status report on April 16 for its offshore drilling rigs and stated its total backlog is about $7.9 billion. The Deepwater Atlas drillship is

Transocean to offload five of its stacked rigs for recycling

3 days ago· A trio of ultra-deepwater rated rigs, Ocean Rig Apollo, Ocean Rig Athena and Ocean Rig Mylos make up the remaining stacked rigs. In total, including the rigs it is putting up for

After near-misses in 2020 and 2021, offshore oil rigs have new

He was a supervisor on the Transocean-owned rig when it exploded 40 miles off the southeast Louisiana coast in 2010, killing 11 of his crewmates in the worst offshore oil disaster

Transocean to Dispose of Five Stacked Rigs to

6 days ago· Offshore drilling contractor Transocean has announced plans to dispose of four drillships and one semi-submersible drilling rig as part of its

Drillship Cannibalism

Why would Seadrill shareholders accept a merger proposal from Transocean? The benefits of scale and fleet diversification are good places to start, although Transocean has

Transocean Ltd. Provides Quarterly Fleet Status Report

Transocean Ltd. Provides Quarterly Fleet Status Report STEINHAUSEN, Switzerland—April 16, 2025—Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that

Transocean rig on the move as potentially

ConocoPhillips (operator with 80% stake in the offshore permits) has hired the AHTS vessels from Sea1 Offshore, former Siem Offshore, and

Transocean Stock Is Dirt-Cheap Thanks To Trump''s Tariffs

Transocean''s Q1 2025 earnings were in line with expectations, with a slight decrease in EBITDA and sales. Read why RIG stock is a Strong Buy.

11 Historical Offshore Incidents and Why They Happened

At the time, Transocean owned the rig, which was performing drilling operations for BP. As we all know, the oil rig exploded and caught fire on April 20, 2010, off the coast of

Transocean Plans to Sell Off Five Stacked Rigs to

5 days ago· Transocean Inc. RIG, an offshore drilling contractor based in Switzerland, announced plans to offload five stacked rigs as part of its efforts

Transocean to Scrap Six Floaters from Fleet

File photo Transocean has announced its plan to scrap six deepwater and ultra-deepwater floating drilling rigs, aka "floaters", as the offshore drilling company continues to

Transocean to dispose of several rigs, take $1.9B charge in Q3

Transocean said it plans to dispose of five drilling rigs and related assets, resulting in a ~$1.9B impairment charge in its Q3 results.

New storm avoidance rules for offshore drillers after near-misses

He was a supervisor on the Transocean-owned rig when it exploded 40 miles off the southeast Louisiana coast in April 2010, killing 11 of his crewmates and setting off the

Transocean takes $1.4bn hit as rigs scrapped | Upstream

Transocean takes $1.4bn hit as rigs scrapped Drilling giant to book impairment as six deep-water floaters head for recycling Rig scrapping: Transocean chief executive Jeremy

Transocean Ltd. Announces $193 Million Ultra-Deepwater

STEINHAUSEN, Switzerland, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) ("Transocean") today announced a one-year contract for the Deepwater

Transocean, Noble, Valaris, Borr, and Odfjell Drilling

Transocean, Noble Corporation, Valaris, Borr Drilling, and Odfjell Drilling have secured a combined backlog of $23.22 billion in Q3 2024.

The reunion of BP and Transocean is sending a signal

Transocean put the Deepwater Atlas deal on ice for years, only taking delivery in 2022. The supply-demand balance now looks better for the

Transocean drilling rig goes five miles adrift in storm

A Transocean drilling rig under contract to Equinor lost its position and went adrift for over five miles during a recent storm in Norway.

11 Historical Offshore Incidents and Why They Happened

At the time, Transocean owned the rig, which was performing drilling operations for BP. As we all know, the oil rig exploded and caught fire

Our History | About Transocean

2007 - Transocean and GlobalSantaFe merged as the world''s largest offshore drilling contractor. In addition, the company''s ultra-deepwater drilling rigs

Transocean Posts Nearly $500 Million Loss

Offshore drilling contractor Transocean Ltd. ended the third quarter of the year with $494 million in net loss attributable to controlling interests as it

Transocean Ltd. Announces $232 Million Ultra-Deepwater

STEINHAUSEN, Switzerland, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) ("Transocean") today announced a 365-day contract for the Deepwater Atlas

Transocean scraps 6 rigs, takes US$1.4 billion hit

Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor''s decision to scrap five ultra deepwater floaters, and one deepwater rig.

Transocean (RIG) to Scrap Five Rigs, Incurs $1.9B Impairment Cha

Transocean''s Strategic Divestment Transocean (RIG) is making headlines with its strategic decision to divest five drilling rigs, such as the Discoverer Clear Leader and

Transocean Stock: Deeply Undervalued (NYSE:RIG)

Transocean Ltd. (NYSE: RIG) has just hit a historical support level after the broader market''s meltdown caused its stock to fall by over 30% last

Transocean Announces Rig Sales for Recycling

Transocean Ltd. operates in the offshore drilling industry, providing services related to the exploration and production of oil and natural gas. The company focuses on

Drilling rigs hit transocean [PDF]

Mining Drilling Rigs Inc.