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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.
It’s no secret that oil and gas prices are surging. As they do so, investors are rushing to bolster their allocations to the energy industry. It’s important to realize that there is a great ...
Transocean's (RIG) Ultra-deepwater floaters contribute to 63.4% of its total contract drilling revenues in Q3 while Harsh Environment floaters add up the rest. Transocean (RIG) Stock Jumps 52.8% ...
Numbers can lie -- yet they're the best first step in determining whether a stock is a buy. In this series, we use some carefully chosen metrics to size up a stock's true value based on the ...
The restructuring of Songa Offshore SE was elected by Marine Money Conference to be the offshore restructuring deal of the year 2013, world wide. The company changed the strategy in 2013 to focus on the harsh environment North Atlantic mid-water market and sold the South East Asia rigs, Songa Mercur and Songa Venus, to Opus Offshore in July 2014.
Deepwater Horizon was a fifth-generation, RBS-8D design (i.e. model type), deepwater, dynamically positioned, column-stabilized, [4] semi-submersible mobile offshore drilling unit, designed to drill subsea wells for oil exploration and production using an 18.75 in (476 mm), 15,000 psi (100,000 kPa) blowout preventer, and a 21 in (530 mm ...
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