Transocean Ltd. Company News
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Saipem to Expand Its Offshore Drilling Fleet
Wednesday, June 30, 2021Saipem is adding a new Samsung drillship to its offshore fleet. PHOTO SOURCE: Samsung Heavy Industries
Williams to Expand Deepwater GOM Infrastructure
Thursday, June 17, 2021Beacon and ShenHai have struck a deepwater Gulf of Mexico export agreement with Williams.
Transocean Wins Drilling Contracts
Wednesday, February 17, 2021Transocean has garnered several new drilling contracts and contract extensions during the past quarter.
Transocean Deploys Drill Floor Safety Tech
Friday, February 12, 2021The safety system is operating on the Deepwater Conqueror. PHOTO SOURCE: Transocean
Will 2021 Be a Quieter Year for Energy Bankruptcies?
Friday, December 18, 2020Better days may be ahead for energy companies after a busy year of bankruptcies.
Transocean Wins Petrobras Contract Extensions
Thursday, November 19, 2020Petrobras has extended contracts for a pair of Transocean ultra-deepwater drillships.
ConocoPhillips Hits Gas Pay in Norwegian Sea
Thursday, November 12, 2020ConocoPhillips has reported a new gas condensate discovery offshore Norway.
Texas Layoffs Adding Up
Friday, March 20, 2020Tens of thousands of Texans are being laid off, says state oil and gas regulator.
Transocean Ups Backlog by $366MM
Monday, February 17, 2020Transocean reported that it has added 10 contracts since last October.
Talos Contracts Drillship for 2020 GOM Program
Monday, February 03, 2020Talos Energy has contracted an ultra-deepwater drillship and a platform rig.
Transocean Contract Backlog Grows by $353MM
Wednesday, January 08, 2020New contracts make up two-thirds of additional backlog since October.
Transocean Rig to Mobilize in Caribbean
Friday, December 13, 2019Transocean has won a one-year contract offshore Trinidad and Tobago for its Development Driller III semisub.
Top 10 Drilling Contractors to Work For
Tuesday, August 27, 2019Rigzone's latest Ideal Employer Survey outlines the most desirable oil and gas drilling contractors to work for.
Survey Reveals Top 10 Ideal Upstream Employers for 2019
Wednesday, August 14, 2019More than 11,000 survey participants selected their favorite upstream employers.
Is a Mature Mexican Gas Market Within Reach?
Friday, July 26, 2019Once 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.
Cost Overruns Threaten Offshore Development
Monday, July 01, 2019Even with funding based on a thorough engineering definition, operators could still see a cumulative $111-billion cost overrun.
NOV Claims History-Making Sale
Friday, June 07, 2019Transocean will acquire 20K BOP stacks from NOV.
Petrobras Hires Transocean Drillships
Monday, March 11, 2019The total estimated firm backlog for both drillships amounts to more than $240 million.
Transocean Makes Automation Deal with Equinor
Monday, February 18, 2019One harsh-environment semi-submersible was fitted with the ADC system two years ago.
Transocean Lands $830MM Rig Contract with Chevron
Friday, December 28, 2018Transocean has signed a rig design and construction management contract and a five-year drilling contract with Chevron.
Transocean Acquires Ocean Rig
Wednesday, December 05, 2018Transocean reports that it has completed its acquisition of Ocean Rig UDW Inc.
Offshore Brazil Contract Extension Goes to Transocean
Friday, September 28, 2018Transocean has won a 790-day contract extension from Petrobras.
Transocean Wins Multi-well NCS Contract for New Semisub
Friday, September 21, 2018The harsh-environment rig will be capable of operating at a water depth up to 10,000 feet.
Driller Transocean Eyes Improved Lease Rates, Activity In 2019
Wednesday, September 05, 2018Transocean expects rates to lease drilling rigs to improve and contracting activity to pick up in late 2019.
Transocean Banks on Ultra-Deepwater Recovery with Ocean Rig Deal
Tuesday, September 04, 2018Transocean and Ocean Rig's merger could wrap up early next year.
Top 10 Drilling Contractors Oil, Gas Professionals Want to Work For
Tuesday, May 22, 2018Rigzone outlines the top 10 drilling contractors oil and gas professionals want to work for, according to its latest Ideal Employer Survey.
An Upstream Comeback with Less Splash but More Cash?
Friday, May 11, 2018Capital spending with free cash flow, rather than debt, is a hallmark of the 'new normal.'
Offshore Oil Recovery Beginning in World's Harshest Environments
Wednesday, February 21, 2018The improved financial condition for explorers is now emboldening rig contractors to push for better pricing.
Oil's Biggest Rigs Headed to Junkyard as Daily Losses Mount
Wednesday, October 18, 2017Transocean's recent move signals just how bleak the future looks for deepwater drilling.
Transocean To Buy Norwegian Rig Firm Songa Offshore For $1.1B
Tuesday, August 15, 2017Transocean has agreed to buy Norwegian competitor Songa Offshore for $1.1 billion.
Borr Drilling Signs Deal With Transocean to Buy 15 Rigs
Monday, March 20, 2017Borr Drilling Limited signs a deal with Transocean for the acquisition of 15 high-specification jack-up rigs.
Newcomer Borr Scoops Up Transocean Rigs For $1.4B As Dealmaking Heats Up
Monday, March 20, 2017Borr Drilling, founded by former executives of financially troubled Seadrill, has snapped up Transocean's fleet of shallow-water drilling rigs for $1.35 billion.
Transocean, Atwood Oceanics Lay Off 200 Offshore Workers in Texas
Monday, February 06, 2017Transocean and Atwood Oceanics are laying off employees who work offshore Gulf of Mexico.
Oil, Gas Companies Lay Off More Workers in Texas
Wednesday, January 18, 2017Transocean and Swift Energy report they will be laying off a total of 136 workers in Texas.
GE to Transform Transocean Rigs for Condition-Based Maintenance
Friday, January 13, 2017Through a new service agreement, GE will digitally upgrade seven Transocean rigs for conditional-based monitoring and maintenance.
Hurricane Energy Confirms Halifax Prospect Well
Monday, November 28, 2016UK-based oil and gas company Hurricane Energy confirms it will drill the offshore UK Halifax prospect after the completion of the Lincoln well.
SNP Calls for more Emergency Towing Vessels Following Transocean Incident
Wednesday, November 23, 2016The Scottish National Party has labelled the UK government's decision to leave Scotland with one emergency towing vessel as "dangerous".
At $500 Million A Pop, It's An Oil Gamble That Has No Precedent
Tuesday, September 20, 2016In a far corner of the Caribbean Sea, billions of dollars worth of the world's finest oil equipment bobs quietly in the water.
DSME Delivers Newbuild Ultra Deepwater Drillship to Transocean
Friday, August 26, 2016South Korea's Daewoo Shipbuilding & Marine Engineering delivers an ultra deepwater drillship, possibly Deepwater Conqueror, to Transocean.
Transocean Working to Recover Stranded Rig
Monday, August 15, 2016Transocean 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.
Transocean Winner Rig Loses Tow, Blown Ashore After Severe Weather
Monday, August 08, 2016The Transocean Winner oil rig has grounded off the Western Isles of Scotland after losing its tow during severe weather.
Transocean Posts Unexpected Profit Thanks To More Cost Cuts
Thursday, August 04, 2016Transocean 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.
Transocean Buying Transocean Partners in $1.6B Deal
Monday, August 01, 2016Analysts say acquisition is a step in the right direction, but not necessarily a "game changer."
OTC 2016: Survival 101 - Don't Forget About the Young Folks
Thursday, May 05, 2016Oil and gas leaders stress the importance of maintaining their talent pipelines amid the industry's downturn.
Transocean Bags Deal for Actinia to Drill Offshore India for ONGC
Friday, April 22, 2016Transocean bags a three year contract from ONGC for the Actinia semisub to work offshore India.
Transocean, Jurong Shipyard Reach Deal to Defer Delivery of 2 Drillships
Wednesday, April 20, 2016Transocean reaches agreement with Jurong Shipyard to defer delivery of two ultra deepwater drillships.
Providence Resources in Talks with Creditor after $7M Judgement
Wednesday, April 13, 2016Irish 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.
Transocean, Schlumberger See Oil Industry Recovery Delayed
Tuesday, March 22, 2016Leaders 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.
Transocean Defeats US Shareholder Appeal Over Gulf Spill
Thursday, March 17, 2016Transocean 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.
Oil, Gas Companies to Lay Off Hundreds More in Texas
Monday, March 14, 2016C&J Energy Services and other oil and gas companies reduce their workforce to manage the oil glut.