Transocean
Transocean News
Transocean Offshore Inc. Announces 30-Month Contract for Discoverer Seven Seas
Transocean Offshore Inc. announced one of its operating subsidiaries has been awarded a 30-month contract commitment by Petróleo Brasilerio S.A. (Petrobras), the state oil company of Brazil…
Transocean Announces 18-Month Contract for Semi
Transocean Offshore Inc. announced that one of its subsidiaries was awarded an 18-month contract from Norsk Hydro, on behalf of the Troll License Group, for the fourth generation semisubmersible…
Transocean Sedco Forex Merger Establishes World's Largest Offshore Driller
Transocean Offshore Inc. has completed its merger with Sedco Forex, which was spun-off from Schlumberger Limited. The resulting company, Transocean Sedco Forex Inc.…
S&P Raises Transocean Offshore Ratings
Standard & Poor's raised its ratings for Transocean Offshore Inc., renamed Transocean Sedco Forex Inc. (See chart page 2, related story page 8) At the same time…
Moody's Ups Transocean Offshore
Moody's Investors Service upgraded the senior unsecured debt ratings of Transocean Offshore, Inc. to A3 from Baa1 to reflect the significant benefits that the company…
Singapore Yard Completes $250M Transocean Rig
Singapore's Promet Private Ltd. (PPL) Shipyard completed construction of a $250 million semi-submersible oil drilling rig for offshore drilling contractor Transocean Sedco Forex.
S&P Raises Transocean Offshore Ratings
Standard & Poor’s raised its ratings for Transocean Offshore Inc., renamed Transocean Sedco Forex Inc. (See chart page 2, related story page 8) At the same time…
Transocean Repowering Project
An innovative rig repowering collaborative between Wartsila NSD and Houston Ship Repair, Inc. was recently completed in the U.S. Gulf, involving the installation…
Transocean Sedco Forex Gets BP Amoco Contract
An operating subsidiary of Transocean Sedco Forex Inc. has entered into a contract with BP Amoco for the semisubmersible Transocean Rather. The agreement covers one well…
Transocean Reports Well Control Incident on Inland Barge Rig
Transocean, Inc. reported today that a well-control incident last night on its inland barge Rig 62 regrettably took the life of one its employees. The incident, which resulted in a fire…
Transocean Acquires ConocoPhillips Interest in Joint Venture
A subsidiary has purchased ConocoPhillips’ 40 percent interest in the Deepwater Frontier joint venture, Deepwater Drilling II L.L.C. The company, which already owns…
Transocean Reports Damage to Rig
Transocean Inc. today announced that it has begun the process of deploying personnel to its U.S. Gulf of Mexico-based fleet and damage assessment efforts are underway following Hurricane Katrina.
Transocean Awarded Contracts
Transocean Inc announced that Statoil on behalf of a consortium consisting of Statoil, Eni, Norsk Hydro and Shell has awarded multi-year contracts valued at an estimated…
Transocean Wins Contracts for Rigs
The Transocean Leader, a fourth-generation, deepwater semi-submersible rig, won a one-year contract from Statoil ASA for exploration and development drilling operations offshore Norway.
Transocean Updates Rig Status
Transocean Inc. reported that damage assessments of the moored semisubmersible rigs Transocean Marianas and Deepwater Nautilus, which sustained damage during the…
