Search results
Results From The WOW.Com Content Network
Transocean is an American drilling company based in Switzerland that operates offshore rigs worldwide. It has a history of mergers, acquisitions, and industrial accidents, including the Deepwater Horizon oil spill in 2010.
The article covers the 2010 explosion and fire on the Deepwater Horizon drilling rig, which caused the largest offshore oil spill in history. It also describes the background, casualties, investigation, lawsuits and popular culture related to the disaster.
Deepwater Horizon was a semi-submersible drilling rig that exploded and sank in the Gulf of Mexico in 2010, killing 11 crewmen and causing the largest marine oil spill in history. The article covers the rig's design, history, operation, and the investigation and aftermath of the disaster.
The Deepwater Horizon explosion and oil spill resulted in an onslaught of litigation. Litigation commenced almost immediately after the explosion and oil spill. By May 27, 2010, Transocean, which owned the Deepwater Horizon, said in testimony before the U.S. House Judiciary Committee that it was defendant in 120 lawsuits, of which more than 80 were class actions seeking payment for financial ...
The Deepwater Horizon oil spill was a 2010 environmental disaster caused by a blowout and explosion on an offshore drilling rig in the Gulf of Mexico. The spill released 4.9 million barrels of oil and caused extensive damage to marine and wildlife habitats, fishing and tourism industries, and human health.
Transocean has the lowest returns on equity, with returns in the negative numbers, resulting from its negative net margins. Transocean has seen major declines in its net margins from last year.
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 ...
Deepwater Millennium was a fifth generation Samsung/Reading & Bates designed, dynamic positioned (DP) Marshall Islands-flagged drillship owned by Transocean.The vessel was capable of drilling in water depths up to 8,100 ft (upgradable to 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 riser.