Transocean | Egypt Oil & Gas

Transocean Signs $180M Ultra-Deepwater Drillship Contract Extension in US Gulf of Mexico

US offshore drilling company, Transocean has signed a year contract extension for the Deepwater Asgard drillship extension with an independent operator in the US Gulf of Mexico.

Transocean Wins a $252 M Firm Contract for Newbuild

Transocean company announced that it has awarded a firm contract worth %252 million from BOE Exploration & Production LLC (BOE) for Transocean’s newbuild ultra-deepwater drillship, the Deepwater Altas, including a ...

Burullus Gas Terminates Rig Contract with Transocean

As of April, Burullus Gas terminated a contract for Transocean’s Deepwater India rig.

IOG, Transocean Sign North Sea Oil Drilling Contract

Independent Oil and Gas (IOG), the North Sea focused oil and gas company, has signed a rig contract with Transocean Drilling procuring the Transocean John Shaw semi-submersible rig to drill an appraisal well on the S ...

Transocean CEO Resigns

Steven Newman is stepping step down as president and CEO of Transocean Ltd., effective Feb. 16. Additionally, he is resigning as a director of Transocean. Until a permanent replacement is named, Ian Strachan, chairma ...

Transocean may raise $1 bln from rig sale

Transocean , owner of the world's largest offshore drilling fleet, has put its Middle East rig assets up for sale, in a deal likely to raise $1 billion for the Switzerland-based company, three sources said.

Transocean Ltd. Provides Fleet Update Summary

Transocean Ltd. issued a monthly fleet update summary which includes newly signed contracts, significant changes to existing contracts, and changes in estimated planned out of service time of 15 days or longer for al ...

BP Ignored Well Test Warning Before Blast, Transocean Says on Eve of Trial

BP Plc officials overseeing the Macondo well that spewed millions of gallons of oil into the Gulf of Mexico ignored questions about whether safety tests done hours before a fatal blast on the drilling rig were flawed ...

BP fails to shift $15 billion oil spill costs onto Transocean

Oil giant BP has lost its attempt to shift over $15 billion (9 billion pounds) of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $4 ...

Transocean rig leaving Gulf of Mexico for Egypt

Another Transocean Ltd rig is leaving the deepwater Gulf of Mexico, still under contract with Statoil -- the fourth rig departure resulting from a moratorium on U.S. deepwater drilling.

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