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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. [3]
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 ...
Image source: The Motley Fool. Transocean (NYSE: RIG) Q2 2024 Earnings Call Aug 01, 2024, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
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 Macondo well incident continues to haunt Transocean (NYS: RIG) . This year's first-quarter results were unimpressive, as net profits plunged because of one-time impairment charges of around ...
Deepwater drilling company Transocean Ltd. (NYSE: RIG) said yesterday that Brazil's Superior Court of Justice has granted a request from the country's oil regulatory body partially to suspend the ...
In 2008 and 2009, the surveys ranked Transocean last among deep-water drillers for "job quality" and second to last in 'overall satisfaction'. For three years before the merger, Transocean was the leader or near the top in both measures. Transocean ranked first in 2008 and 2009 in a category that gauges its in-house safety and environmental ...
June 1 – Oil began washing up on the beaches of Gulf Islands National Seashore. [88] June 4 – Tar balls arrive on beaches in Pensacola, Florida. [89] June 5 – Obama makes third trip to Louisiana since the disaster began, visits Grand Isle, Louisiana for the second time in two weeks.