Search results for: Transocean

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  • 19 October 2011
    Business & Finance

    Transocean today officially opened its state-of-the-art training center and offices in Kuala Lumpur, Malaysia. The training center and offices were opened by Dato’ Wee Yiaw Hin, Executive Vice President, Exploration and Production, of PETRONAS, and Steven L. Newman, President and Chief Executive Officer of Transocean. “It is exciting to celebrate the opening of our Kuala […]

  • 18 February 2019
    Equipment, Exploration & Production

    Transocean has entered into an agreement with Equinor to license and install Automated Drilling Control systems on four high-specification, harsh environment rigs currently on contract in Norway and a fifth semi-submersible that is expected to start operations in the Norwegian Sea this summer.

  • 13 April 2016
    Exploration & Production

    An appeals court in London has issued a final ruling in a case between the Irish oil and gas exploration company Providence, and Transocean, one of the world’s largest offshore drilling contractors.  The dispute began in 2012 when Transocean laid a claim for Providence to pay $19 million in outstanding dayrates for the use of […]

  • 13 April 2016
    Exploration & Production

    Irish oil and gas company Providence Resources has requested a temporary suspension in trading of its shares on in London (AIM) and (ESM) in advance of a final court decision regarding a dispute with Transocean. The oil company in 2014 won a case against Transocean Drilling UK Limited, related to certain cost claims made by Transocean […]

  • 5 December 2018
    Exploration & Production

    Offshore drilling giant Transocean has become even bigger as it on Wednesday evening announced the completion of the acquisition of Ocean Rig UDW, an ultra-deepwater drilling specialist.

  • 9 November 2016
    Exploration & Production

    Irish oil and gas explorer Providence Resources has been denied a right to appeal to a court ruling in a case against offshore driller Transocean. Providence was seeking permission to appeal the Court of Appeal decision brought on April 13, 2016, regarding a prior litigation between Providence and Transocean over the use of the semi-submersible […]

  • 7 November 2013

    Keppel FELS Limited (Keppel FELS), a wholly – owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a repeat order from a subsidiary of Transocean Ltd. (Transocean) to build 5 KFELS Super B Class jackup rigs for $1. 1 billion. The rigs are scheduled to be delivered progressively from 1Q 2016 to 3 […]

  • 1 March 2019
    Business & Finance, Equipment, Exploration & Production

    MHWirth, an Akastor-owned provider of drilling solutions and services, has been awarded a contract for the delivery of automatic drilling control systems on five Transocean’s drilling rigs.

  • 1 August 2016
    Business & Finance, Exploration & Production

    Offshore drilling contractor Transocean Ltd. has indirectly acquired two drillships and one semi-sub rig by acquiring its subsidiary Transocean Partners LLC.  Transocean has agreed to acquire all of the outstanding common units of Transocean Partners not already owned by Transocean in a share-for-unit merger transaction. In the merger, Transocean Partners common unitholders will receive 1.1427 […]