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Transocean News Service (also Trans-Ocean News Service) was a wireless German news agency headquartered in Berlin, Germany. It was closed by the Allied occupation government after the German capitulation in May 1945. The agency was founded in 1914 in response to Britain ’s cutting of transatlantic cables to Germany during the World War I.
In Norway, the Transocean Norge was awarded a three-well extension with Wintershall Dea at a current rate of $517,000 per day, extending the rig's firm duration into the second quarter of 2028.
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 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 ...
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 ...
Transocean has the lowest returns on equity, with returns in the negative numbers, resulting from its negative net margins. Transocean has seen major declines in its net margins from last year.
Transocean DC-4. Known for the first few months of its existence as Orvis Nelson Air Transport (or ONAT), Transocean Air Lines was a supplemental air carrier, a type of US airline defined and regulated by the Civil Aeronautics Board (CAB), the now defunct Federal agency that, from 1938 to 1978, tightly regulated almost all US commercial air transportation.
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 ...