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Saipem to Expand Its Offshore Drilling Fleet
Saipem is adding a new Samsung drillship to its offshore fleet. PHOTO SOURCE: Samsung Heavy Industries
8:00 PM EST | June 29, 2021
Williams to Expand Deepwater GOM Infrastructure
Beacon and ShenHai have struck a deepwater Gulf of Mexico export agreement with Williams.
8:00 PM EST | June 16, 2021
Transocean Wins Drilling Contracts
Transocean has garnered several new drilling contracts and contract extensions during the past quarter.
7:00 PM EST | February 16, 2021
Transocean Deploys Drill Floor Safety Tech
The safety system is operating on the Deepwater Conqueror. PHOTO SOURCE: Transocean
7:00 PM EST | February 11, 2021
Will 2021 Be a Quieter Year for Energy Bankruptcies?
Better days may be ahead for energy companies after a busy year of bankruptcies.
7:00 PM EST | December 17, 2020
Transocean Wins Petrobras Contract Extensions
Petrobras has extended contracts for a pair of Transocean ultra-deepwater drillships.
7:00 PM EST | November 18, 2020
ConocoPhillips Hits Gas Pay in Norwegian Sea
ConocoPhillips has reported a new gas condensate discovery offshore Norway.
7:00 PM EST | November 11, 2020
Texas Layoffs Adding Up
Tens of thousands of Texans are being laid off, says state oil and gas regulator.
8:00 PM EST | March 19, 2020
Transocean Ups Backlog by $366MM
Transocean reported that it has added 10 contracts since last October.
7:00 PM EST | February 16, 2020
Talos Contracts Drillship for 2020 GOM Program
Talos Energy has contracted an ultra-deepwater drillship and a platform rig.
7:00 PM EST | February 02, 2020
Transocean Contract Backlog Grows by $353MM
New contracts make up two-thirds of additional backlog since October.
7:00 PM EST | January 07, 2020
Transocean Rig to Mobilize in Caribbean
Transocean has won a one-year contract offshore Trinidad and Tobago for its Development Driller III semisub.
7:00 PM EST | December 12, 2019
Top 10 Drilling Contractors to Work For
Rigzone's latest Ideal Employer Survey outlines the most desirable oil and gas drilling contractors to work for.
8:00 PM EST | August 26, 2019
Survey Reveals Top 10 Ideal Upstream Employers for 2019
More than 11,000 survey participants selected their favorite upstream employers.
8:00 PM EST | August 13, 2019
Is a Mature Mexican Gas Market Within Reach?
Once providing over 40 percent of federal revenues, oil production has been cut in half to below 2 million barrels per day since peaking in 2004.
8:00 PM EST | July 25, 2019
Cost Overruns Threaten Offshore Development
Even with funding based on a thorough engineering definition, operators could still see a cumulative $111-billion cost overrun.
8:00 PM EST | June 30, 2019
NOV Claims History-Making Sale
Transocean will acquire 20K BOP stacks from NOV.
8:00 PM EST | June 06, 2019
Petrobras Hires Transocean Drillships
The total estimated firm backlog for both drillships amounts to more than $240 million.
8:00 PM EST | March 10, 2019
Transocean Makes Automation Deal with Equinor
One harsh-environment semi-submersible was fitted with the ADC system two years ago.
7:00 PM EST | February 17, 2019
Transocean Lands $830MM Rig Contract with Chevron
Transocean has signed a rig design and construction management contract and a five-year drilling contract with Chevron.
7:00 PM EST | December 27, 2018
Transocean Acquires Ocean Rig
Transocean reports that it has completed its acquisition of Ocean Rig UDW Inc.
7:00 PM EST | December 04, 2018
Offshore Brazil Contract Extension Goes to Transocean
Transocean has won a 790-day contract extension from Petrobras.
8:00 PM EST | September 27, 2018
Transocean Wins Multi-well NCS Contract for New Semisub
The harsh-environment rig will be capable of operating at a water depth up to 10,000 feet.
8:00 PM EST | September 20, 2018
Driller Transocean Eyes Improved Lease Rates, Activity In 2019
Transocean expects rates to lease drilling rigs to improve and contracting activity to pick up in late 2019.
8:00 PM EST | September 04, 2018
Transocean Banks on Ultra-Deepwater Recovery with Ocean Rig Deal
Transocean and Ocean Rig's merger could wrap up early next year.
8:00 PM EST | September 03, 2018
Top 10 Drilling Contractors Oil, Gas Professionals Want to Work For
Rigzone outlines the top 10 drilling contractors oil and gas professionals want to work for, according to its latest Ideal Employer Survey.
8:00 PM EST | May 21, 2018
An Upstream Comeback with Less Splash but More Cash?
Capital spending with free cash flow, rather than debt, is a hallmark of the 'new normal.'
8:00 PM EST | May 10, 2018
Offshore Oil Recovery Beginning in World's Harshest Environments
The improved financial condition for explorers is now emboldening rig contractors to push for better pricing.
7:00 PM EST | February 20, 2018
Oil's Biggest Rigs Headed to Junkyard as Daily Losses Mount
Transocean's recent move signals just how bleak the future looks for deepwater drilling.
8:00 PM EST | October 17, 2017
Transocean To Buy Norwegian Rig Firm Songa Offshore For $1.1B
Transocean has agreed to buy Norwegian competitor Songa Offshore for $1.1 billion.
8:00 PM EST | August 14, 2017
Borr Drilling Signs Deal With Transocean to Buy 15 Rigs
Borr Drilling Limited signs a deal with Transocean for the acquisition of 15 high-specification jack-up rigs.
8:00 PM EST | March 19, 2017
Newcomer Borr Scoops Up Transocean Rigs For $1.4B As Dealmaking Heats Up
Borr Drilling, founded by former executives of financially troubled Seadrill, has snapped up Transocean's fleet of shallow-water drilling rigs for $1.35 billion.
8:00 PM EST | March 19, 2017
Transocean, Atwood Oceanics Lay Off 200 Offshore Workers in Texas
Transocean and Atwood Oceanics are laying off employees who work offshore Gulf of Mexico.
7:00 PM EST | February 05, 2017
Oil, Gas Companies Lay Off More Workers in Texas
Transocean and Swift Energy report they will be laying off a total of 136 workers in Texas.
7:00 PM EST | January 17, 2017
GE to Transform Transocean Rigs for Condition-Based Maintenance
Through a new service agreement, GE will digitally upgrade seven Transocean rigs for conditional-based monitoring and maintenance.
7:00 PM EST | January 12, 2017
Hurricane Energy Confirms Halifax Prospect Well
UK-based oil and gas company Hurricane Energy confirms it will drill the offshore UK Halifax prospect after the completion of the Lincoln well.
7:00 PM EST | November 27, 2016
SNP Calls for more Emergency Towing Vessels Following Transocean Incident
The Scottish National Party has labelled the UK government's decision to leave Scotland with one emergency towing vessel as "dangerous".
7:00 PM EST | November 22, 2016
At $500 Million A Pop, It's An Oil Gamble That Has No Precedent
In a far corner of the Caribbean Sea, billions of dollars worth of the world's finest oil equipment bobs quietly in the water.
8:00 PM EST | September 19, 2016
DSME Delivers Newbuild Ultra Deepwater Drillship to Transocean
South Korea's Daewoo Shipbuilding & Marine Engineering delivers an ultra deepwater drillship, possibly Deepwater Conqueror, to Transocean.
8:00 PM EST | August 25, 2016
Transocean Working to Recover Stranded Rig
Transocean is working closely with authorities to recover its grounded rig as "expeditiously and safely as possible," says Transocean’s operations director for Northwest Europe, Dave Walls.
8:00 PM EST | August 14, 2016
Transocean Winner Rig Loses Tow, Blown Ashore After Severe Weather
The Transocean Winner oil rig has grounded off the Western Isles of Scotland after losing its tow during severe weather.
8:00 PM EST | August 07, 2016
Transocean Posts Unexpected Profit Thanks To More Cost Cuts
Transocean surprises analysts by slashing its way to profitability in the second quarter as the world's largest owner of offshore rigs tries to keep up with dwindling drilling demand from explorers.
8:00 PM EST | August 03, 2016
Transocean Buying Transocean Partners in $1.6B Deal
Analysts say acquisition is a step in the right direction, but not necessarily a "game changer."
8:00 PM EST | July 31, 2016
OTC 2016: Survival 101 - Don't Forget About the Young Folks
Oil and gas leaders stress the importance of maintaining their talent pipelines amid the industry's downturn.
8:00 PM EST | May 04, 2016
Transocean Bags Deal for Actinia to Drill Offshore India for ONGC
Transocean bags a three year contract from ONGC for the Actinia semisub to work offshore India.
8:00 PM EST | April 21, 2016
Transocean, Jurong Shipyard Reach Deal to Defer Delivery of 2 Drillships
Transocean reaches agreement with Jurong Shipyard to defer delivery of two ultra deepwater drillships.
8:00 PM EST | April 19, 2016
Providence Resources in Talks with Creditor after $7M Judgement
Irish oil explorer Providence Resources is in talks with its main creditor to ensure it has sufficient resources to fulfil a court order to pay $7 million to drilling provider Transocean.
8:00 PM EST | April 12, 2016
Transocean, Schlumberger See Oil Industry Recovery Delayed
Leaders of the world's largest suppliers of offshore drilling rigs and the services that go with them see the oil market recovery taking even longer than expected last year.
8:00 PM EST | March 21, 2016
Transocean Defeats US Shareholder Appeal Over Gulf Spill
Transocean won the dismissal of an appeal by shareholders accusing the owner of the Deepwater Horizon drilling rig of deceiving them about its safety practices prior to the 2010 Gulf of Mexico oil spill.
8:00 PM EST | March 16, 2016
Oil, Gas Companies to Lay Off Hundreds More in Texas
C&J Energy Services and other oil and gas companies reduce their workforce to manage the oil glut.
8:00 PM EST | March 13, 2016