TRANSOCEAN TO SELL TWO DRILLSHIPS TO OPTIMIZE ASSET PORTFOLIO

Transocean drilling rig deepwater horizon

Transocean drilling rig deepwater horizon

Deepwater Horizon was a fifth-generation, RBS-8D design (i.e. model type), deepwater, , column-stabilized, semi-submersible , designed to drill wells for oil explorati. . Deepwater Horizon was built for R&B Falcon (which later became part of ) by in , South Korea. Construction started in December 1998, the was laid on 21 March 200. . At 7:45 p.m. on 20 April 2010, during the final phases of drilling the exploratory well off the gulf of Mexico, a geyser of seawater erupted from the onto the rig, shooting 70 metres (230 ft) into the air. This wa. . Transocean received an early partial insurance settlement for total loss of the Deepwater Horizon of US$401 million about 5 May 2010. noted that the insurance recovery was likely to be more than t. [pdf]

Drilling rigs hit transocean

Drilling rigs hit transocean

Transocean (RIG) is making headlines with its strategic decision to divest five drilling rigs, such as the Discoverer Clear Leader and Discoverer Americas. This move is poised to result in an estimated $1.9 billion impairment charge for Q3. [pdf]

Optimize drilling operations for floating rigs

Optimize drilling operations for floating rigs

While the mechanics of drilling a well are very similar for floating, bottom-founded and onshore operations, the po-tential safety and environmental consequences of an inci-dent ofshore,. . Another proactive step typically taken to mitigate the in-creased risks of ofshore operations is a shallow hazard assessment, which will examine the risks that might be. . Simultaneous operations plans (SIMOPs) are developed to consider additional risks that occur when two work activities are being done at the same time within close proximity to one another. Communication of SIMOPs risks and hazards during floating drilling. . Several proactive steps are typically taken to mitigate the in-creased risks of ofshore operations. One of these proactive measures is an environmental impact assessment (EIA), a. . Hazard assessments are also conducted for ofshore safe-ty concerns. Safety cases identify the hazards and risks of various operations, and then document how the risk is controlled and. [pdf]

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