Transocean
Transocean News
Transocean Orders Kittiwake's Thrusterscan
Kittiwake announced an order for its ThrusterSCAN product from Transocean. ThrusterSCAN marks a new era in online condition monitoring for azimuthing thrusters, helping to predict failure, enabling preventative maintenance and ultimately reducing costly downtime. Kittiwake’s ThrusterSCAN will be installed on Transocean’s eight-thruster Development Driller III rig. ThrusterSCAN delivers early warning of thruster component damage…
Transocean Completes Acquisition of Aker Drilling
Transocean Services AS, a wholly owned subsidiary of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), has completed the acquisition of 100 percent of the shares of Aker…
Transocean Launches Unconditional Offer for Shares of Aker Drilling
Transocean Services AS ("Transocean" or the "Company"), a wholly owned subsidiary of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), today, after receiving clearance by the Oslo Stock Exchange…
Transocean Ltd. Announces Management Appointments
Transocean Ltd. announced the following management appointments, effective immediately. Ricardo H. Rosa has been named Executive Vice President and Chief Financial Officer.
Transocean Ltd. Announces Schedule for Second Dividend Installment and Currency Election Period
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced the schedule for the second installment of its dividend of approximately U.S. $1 billion to be paid out of additional paid in capital.
Transocean Orders Third Jack-up Rig from Keppel FELS
Keppel FELS Limited has secured a repeat order from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd., valued at $195 million. Following…
Transocean Appoints Rob Shaw
Transocean Ltd. has appointed Rob Shaw to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Shaw assumes this position, Robert L. Herrin, Jr.
Transocean Issues Financial Report
Transocean Ltd. issued a financial report today. The company's reported net income attributable to controlling interest is $155 million, or $0.48 per diluted share…
R. Thaddeus Vayda Rejoins Transocean Ltd.
Transocean Ltd. has named R. Thaddeus Vayda Vice President, Investor Relations, effective July 20, 2011. Based in Houston, he will report to Transocean Ltd. President…
Transocean Issues Findings on Macondo Incident
Transocean Ltd. has announced the release of an internal investigation report on the causes of the April 20, 2010, Macondo well incident in the Gulf of Mexico. Following the incident…
Transocean Presents at Oil & Gas Conference
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Ricardo H. Rosa, Senior Vice President and Chief Financial Officer of the company, will address attendees at the UBS Global Oil and Gas Conference in Austin, TX. Mr. Rosa is scheduled to present at 8:05 a.m., CT, on Tuesday, May 24, 2011. A live broadcast of the presentation and a replay will be publicly accessible through the company's website at www.deepwater.com.
Transocean Provides Fleet Update Summary
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our quarterly fleet status report dated April 14, 2011. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report…
Transocean Reports Q1 2011 Results
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today reported net income attributable to controlling interest of $310 million, or $0.96 per diluted share, for the three months ended March 31, 2011. The results compare to net income attributable to controlling interest of $677 million, or $2.09 per diluted share for the three months ended March 31, 2010. $38 million of net charges primarily related to discrete tax items.
Transocean Issues Update on Macondo Incident
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that an affiliate of BP plc on April 20, 2011 filed a cross-claim against Transocean entities in the existing Multi-District Litigation proceeding in the U.S. District Court, Eastern District of Louisiana for contribution pursuant to the Oil Pollution Act of 1990. Pursuant to an order of the court, co-defendants in a consolidated proceeding related to the Macondo well incident were required to file claims by April 20, 2011.
Transocean Sets World Water-Depth Drilling Record
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that the ultra-deepwater drillship Dhirubhai Deepwater KG2 has set what the company believes is a world record for the deepest water depth by an offshore drilling rig of 10,194 feet of water while working for Reliance Industries offshore India. The rig, which is owned by a joint venture with Quantum Pacific Group, surpassed Transocean's prior record of 10…
Transocean Ltd. to Present at Howard Weil Energy Conference
ZUG, SWITZERLAND, Mar 17, 2011 (MARKETWIRE via COMTEX) -- Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Steven L. Newman, President and Chief Executive Officer of the company, will address attendees at the Howard Weil Energy Conference in New Orleans, LA. Mr. Newman is scheduled to present on Monday, March 28, 2011 at 9:15 a.m., CT. A copy of the presentation materials will be available on the company's web site prior to the start of the discussion on March 28…
Transocean Ltd. Provides Fleet Update Summary
ZUG, SWITZERLAND, Mar 16, 2011 (MARKETWIRE via COMTEX) -- Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our fleet update summary of February 10, 2011 and our quarterly fleet status report dated January 13, 2011. Drilling…
Transocean Ltd. Board Nominates New Director
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that the Board of Directors is recommending that the company's shareholders approve at the 2011 Annual General Meeting the election of Steve Lucas as a Class III Director for a three-year term. Mr. Lucas is the retired Group Finance Director of National Grid plc and has previously served in a variety of finance roles with the Lattice Group plc., the BG Group plc and Royal Dutch/Shell. -- The re-election of Ian C. Strachan and Martin B.
Transocean Leader Awarded Three-Year Contract
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that its high-specification semisubmersible rig Transocean Leader has been awarded a three-year contract by a subsidiary…
Signal Wins Transocean Drillship Project
Signal International, Inc. announced it has been awarded a contract from Transocean UK Limited, to refurbish and upgrade the Deepwater Navigator drillship. The initial contract is valued at $32.4m.
