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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.
Steven L. Newman. Steven L. Newman (born c. 1964) is an American businessman. [1] [2] He served as the president and chief executive (CEO) of Transocean [1] [2] until February 16, 2015. He was the CEO of the company when it’s offshore rig in the Gulf of Mexico experienced a catastrophic failure in the Deepwater Horizon incident.
The Swiss Market Index (SMI) is Switzerland's blue-chip stock market index, which makes it the most followed in the country. It is made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. As a price index, the SMI is not adjusted for dividends. The SMI was introduced on 30 June 1988 at a baseline value of 1,500 points.
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 ...
Investor confidence in Transocean has soared after the offshore drilling contractor agreed to pay a $1.4 billion fine over five years to resolve claims arising from the Gulf of Mexico oil spill ...
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.
Drill rig operator Transocean Ltd. (NYSE: RIG) this morning announced the sale 38 of its shallow-water drilling rigs to a consortium of private equity firms called Shelf Drilling International ...
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 riser.