Transocean delays deliveries of two drillships
APRIL 20, 2016 – Transocean Ltd. (NYSE: RIG) reports that it has reached an agreement with Sembcorp Marine’s subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of
APRIL 20, 2016 – Transocean Ltd. (NYSE: RIG) reports that it has reached an agreement with Sembcorp Marine’s subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of
MARCH 8, 2016 — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) says it has reached a mutual agreement with Keppel Offshore & Marine Ltd’s shipyard, Keppel FELS, to defer the delivery and related
OCTOBER 26, 2015 — In yet another indication of the slowdown in global offshore drilling activity, Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today reported a mutual agreement with customer Shell EP Wells
AUGUST 3, 2015 — Arendal, Norway, headquartered P&I club Gard notes that last month’s settlement by BP brings to an end the outstanding major claim elements of Deepwater Horizon case.The current estimate
NOVEMBER 19, 2014—Equity research firm Cowen and Company says publicly traded offshore drilling contractor Transocean’s November Fleet Update Summary has “negative implications for the stock.” Traded on the New York Stock Exchange
SEPTEMBER 5, 2014 — BP was grossly negligent in the 2010 Deepwater Horizon disaster, U.S. District Judge Carl Barbier ruled yesterday in New Orleans. The finding of gross negligence rather than simple
APRIL 4, 2013—Billionaire investor Carl C. Icahn would like to see some drastic changes at the world’s largest offshore drilling company, beginning with voting in three new board members. Icahn has sent
FEBRUARY 15, 2013 — U.S. District Judge Jane Triche Milazzo of the Eastern District of Louisiana, yesterday accepted Transocean Deepwater Inc.’s plea of guilty to a violation of the Clean Water Act
SEPTEMBER 10, 2012—Increasing its focus on deepwater, giant offshore drilling contractor Transocean Ltd. has inked a definitive agreements to sell 38 shallow water drilling rigs to a newly formed company Shelf Drilling