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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% ...
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 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.
The debate over the current slowdown in the deepwater market covers a wide range of opinion regarding the duration and impact. Regardless of an investor's ultimate opinion, the offshore drilling ...
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.
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.
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