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Transocean Ltd. Transocean Ltd. is an American drilling company. [2] It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig owned by Transocean and operated by BP.On 20 April 2010, while drilling 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.
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For drilling stocks like Transocean Ltd (NYSE:RIG), the past few years have shown just how risky the sector can be. RIG stock has dropped 72% in the past five years — and 91% in the last ten.
In a filing this morning with the Securities and Exchange Commission, Transocean Ltd. (NYSE: RIG) reported that activist investor Carl Icahn now owns a stake amounting to 1.56% of Transocean's ...
Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process ...
Shares of Transocean (RIG) advanced more than 8.5% on Thursday after the company maintained that its contract with BP (BP) protects it from liabilities associated with the April 20 oil rig ...
The Al Shaheen Oil Field is a production oil and gas field off the north east coast of Qatar in the Persian Gulf, 80 kilometres (50 mi) north of Doha. [1] The oil field lies above the North Gas Field, one of the largest gas fields in the world. The field has been operated by Maersk Oil Qatar AS of Denmark until July 2017 under a production ...