Transocean
Transocean News
Transocean Fleet Update Summary
Transocean's fleet update summary includes new contracts, significant changes to existing contracts, and changes in estimated OofS time. The value of new contracts or extensions since the November 18, 2012 fleet update summary is approximately US$119=million. Estimated 2012 out of service time (OofS increased by a net 40 days, including 22 days to complete repairs on the Henry Goodrich and 19 days to complete work scope on the GSF Explorer.
Transocean Completes Sale of Rigs to Shelf Drilling
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has announced that it has closed on the previously disclosed transaction to sell 38 shallow water drilling rigs to Shelf Drilling Holdings, Ltd.
Transocean Announces Interim SVP, General Counsel
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has announced that, effective immediately, Allen M. Katz, has joined the company and will serve as Interim Senior Vice President…
Transocean Ltd Provides Fleet Update Summary
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has issued a monthly fleet update summary which includes new contracts, significant changes to existing contracts, and changes…
Transocean General Counsel Resigns
Transocean Ltd. announce Nick Deeming has resigned as Senior Vice President, General Counsel and Assistant Corporate Secretary. Mr Deeming resigned for personal reasons…
Shell Charters Four Transocean New Drillships
Transocean Ltd. awarded 10-year contracts for four newbuild dynamically positioned ultra-deepwater drillships by Royal Dutch Shell (Shell). Shipyard delivery for…
Writ Issued Protesting Transocean Shutdown Order
Petrobras files writ of mandamus against an injunction suspending Transocean's activities in waters offshore Brazil. (Mandamus is an extraordinary writ commanding…
Transocean Ltd. Provides Brazil Frade Field Incident Update
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that at approximately noon Rio De Janeiro time (11 a.m., ET), September 27, 2012, the federal court in Rio…
Transocean Ordered to Cease Brazil Offshore Operations
Transocean Ltd. announce the federal court in Rio de Janeiro has served a preliminary injunction requiring it to cease operations in Brazil within 30 calendar days.
Offshore Drilling: Transocean Reports Huge Contracts Backlog
Transocean Ltd. issues fleet update summary, new & changed contracts, OofS times, etc. Total backlog associated with new contracts or extensions since the August 15, 2012 fleet update summary is approximately $1.7 billion. Estimated out of service time for 2012 increased by a net 36 days, primarily due to unexpected repairs on a Harsh Environment semisubmersible. The increase in 2013 estimated out…
Transocean to Focus on Floaters, Jackups, Sells 38 Shallow Water Rigs
Transocean Ltd. to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. for approximately US$1.05-billion. Shelf Drilling is a newly…
Transocean Provides Fleet Update Summary
Transocean Ltd. today issued a monthly fleet update summary which includes newly signed contracts, significant changes to existing contracts, and changes in estimated…
Transocean Reports 4Q & FY 2011 Results
Transocean Ltd. reported a net loss attributable to controlling interest of $6.119 billion, or $18.62 per diluted share, for the three months ended December 31, 2011.
Transocean Names Tonnel SVP & Controller
David A. Tonnel has been named Senior Vice President, Finance and Controller, and Principal Accounting Officer, effective March 1, 2012. Mr. Tonnel currently serves…
Transocean Announces Management Change
On January 25, 2012, Robert S. Shaw notified Transocean Ltd. of his resignation as Vice President, Controller and Principal Accounting Officer to pursue other opportunities. Mr.
Transocean Ltd. Provides Fleet Status Report
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued an updated Fleet Status Report which provides current status and contract information for the company's entire fleet of offshore drilling rigs.
Transocean Announces Senior Management Changes
Transocean Ltd. has announced that Ricardo Rosa will step down as Executive Vice President and Chief Financial Officer effective January 9, 2012. After a transition period, Mr.
Transocean in U.S. Federal Court on BP Obligations
Transocean Files Motion for Summary Judgment in U.S. Transocean Offshore Deepwater Drilling Inc. (TODDI), a subsidiary of Transocean Ltd., today filed a motion for…
Transocean Opens Kuala Lumpur Training Center
Transocean officially opened its state-of-the-art training center and offices in Kuala Lumpur, Malaysia. The training center and offices were opened by Dato’ Wee Yiaw Hin…
Transocean Orders Kittiwake's Thrusterscan
Kittiwake announced an order for its ThrusterSCAN product from Transocean. ThrusterSCAN marks a new era in online condition monitoring for azimuthing thrusters, helping to predict failure, enabling preventative maintenance and ultimately reducing costly downtime. Kittiwake’s ThrusterSCAN will be installed on Transocean’s eight-thruster Development Driller III rig. ThrusterSCAN delivers early warning of thruster component damage…