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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.
On September 4, 2014, U.S. District Judge Carl Barbier ruled in the Clean Water Act trial that BP was guilty of gross negligence and willful misconduct under the Act. He described BP's actions as "reckless," while he said Transocean's and Halliburton's actions were "negligent." He apportioned 67% of the blame for the spill to BP, 30% to ...
Development Driller III is a fifth generation, Vanuatu - flagged dynamic positioning semi-submersible ultra-deepwater drilling rig owned by Transocean and operated under lease agreements by various petroleum exploration and production companies worldwide. The vessel is capable of drilling in water depths up to 7,500 feet (2,300 m) with drilling ...
Transocean (NYS: RIG) is finally making a big move to get rid of shallow water drilling rigs to focus on the ultra-deepwater market that is driving the industry. In a deal announced yesterday, the ...
Clearly, Transocean (NYSE: RIG) has been the beneficiary of this foresight along its path. This vision continues to grow and is sharply focused Transocean: Deepwater Is the Way Forward
For its role in the Deepwater Horizon disaster, a subsidiary of Transocean has agreed to plead guilty to violating the Clean Water Act and to pay $1 billion in civil penalties for violating that ...
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.
Offshore drilling rig owner Transocean reported third-quarter earnings after the market closed on Wednesday and showed improvement across the board. Revenue rose 5% from a year ago to $2.56 ...