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NEWS |
Police have reportedly boarded the Transocean rig
OGV Energy have been advised a helicopter has landed on the rig along this afternoon and several police have boarded the Paul B Lloyd Transocean asset and plan to remove the Greenpeace activists.
NEWS |
Greenpeace confirm they will be leaving no time soon.
OGV Energy have received communication with staff currently on the Transocean rig Paul B Lloyd, contracted by BP.
NEWS |
Transocean to upgrade five more semis with drilling automation
Transocean Ltd. has entered into an agreement with Equinor to license and install automated drilling control (ADC) systems on four high-specification, harsh-environment rigs currently on contract in N (...)
NEWS |
Deals and M&As this week: Mammoet, Ashtead Technology, Transocean Poseidon
Mammoet has formed a collaboration with Astro Offshore to deliver onshore and offshore transport solutions for oil and gas projects in the Middle East.
NEWS |
Winners and Losers in Big Oil's Offshore Spending Revival
After four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won’t be spread equally across the companies who provide them e (...)
NEWS |
Transocean Ltd. Announces 5-Year $830 Million USD Drilling Contract for Newbuild Ultra-Deepwater Drillship
Transocean Ltd. announced today that it has signed a rig design and construction management contract, as well as a five-year drilling contract, with Chevron USA, Inc. for one of its two dynamically po (...)
NEWS |
Wired drill pipe contracts awarded
Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digitalisation strategy and to prepare for automated dril (...)
NEWS |
Transocean to drill North Sea Songesand prospect for Wellesley
Wellesley Petroleum has approval from the Petroleum Safety Authority to drill two exploration wells in the Norwegian North Sea.
NEWS |
Faroe Petroleum commences drilling of Brasse East exploration well
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced the commencement of the Faroe-opera (...)
NEWS |
Offshore drillers eye recovery by 2020
Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude LCoc1 selling for more than $80 a barrel and (...)
NEWS |
Transocean’s Storm-Tossed Stock Can Ride Gains in Oil
Since topping out in 2008, Transocean has been where money goes to die. It might be ready to come back to life.
NEWS |
Transocean Norge to drill for Equinor
Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 20 (...)
NEWS |
Transocean to acquire Ocean Rig
Transocean Ltd. and Ocean Rig UDW Inc. have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at about $2.7 billion, inclu (...)
NEWS |
Barclays describes offshore oil drillers as ‘most overvalued group’
Barclays analyst J David Anderson has found that shares in offshore drilling companies have risen 40% since March, describing them as the ‘most overvalued group’ in the Barclays ‘coverage universe’.
NEWS |
Back to back contracts for Transocean
Transocean confirmed it has landed a multi-well contract for Chevron off the coast of Australia. Transocean announced it leased its ultra-deepwater Development Driller 1 to the Australian subsidiary (...)
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