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In 2000, Transocean acquired R&B Falcon Corporation, owner of 115 drilling rigs, in a deal valued at $17.7 billion. With the acquisition, Transocean gained control of what at the time was the world's largest offshore operation. Among R&B Falcon's assets was the Deepwater Horizon. [11] R&B Falcon had acquired Cliffs Drilling Company in 1998. [12]
Transocean (NYSE: RIG) Q2 2024 Earnings Call Aug 01, 2024, 11:00 a.m. ET. Contents: ... these were eliminated as a result of the acquisition of the outstanding interest in the entity.
Before Transoceans acquisition, Songa Offshore SE were the largest semi submersible drilling contractor on the Norwegian Continental Shelf (NCS) with seven drilling units in operation, after the delivery of the four new Category D Rigs delivered in 2015 From the DSME yard in Korea. In 2013 the company changed out the management of the company ...
Discoverer Enterprise is a fifth generation deepwater double hulled dynamically positioned drillship (ASTANO FPSO design) owned and operated by Transocean Offshore Deepwater Drilling Inc., capable of operating in moderate environments and water depths up to 3,049 m (10,000 ft) using an 18.75 in (47.6 cm), 15,000 psi blowout preventer (BOP), and a 21 in (53 cm) outside diameter (OD) marine ...
Transocean (NYS: RIG) carries $8.1 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could ...
Aker drilling was established in 2005, as part of the Aker Group controlled by the Norwegian billionaire Kjell Inge Røkke. The purpose of the new company was to place contracts for its two new-building semi-submersible drilling rigs. The two Aker H-6e type 6th generation semi-submersibles - Aker Barents and Aker Spitsbergen, were designed by ...
Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig [7] owned by Transocean and operated by the BP company. On April 20, 2010, while drilling in the Gulf of Mexico at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. [8]
Transocean (NYS: RIG) carries $8 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could ...