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Tag: transocean
Transocean Will Emerge Stronger From The Downturn
2015-11-25 03:01:07| Oil & Gas - Topix.net
Oil prices have had a difficult time recently. Over the past year, oil prices have crashed by more than 60% from highs of over $100 to recent lows of just under $40.
Tags: stronger
emerge
downturn
transocean
Transocean, states agree to $30M-plus compensation for 2010 Gulf oil spill
2015-10-30 08:32:36| Oil & Gas - Topix.net
The five Gulf of Mexico states reach a settlement with Transocean , the owner of the offshore drilling rig involved in the 2010 BP oil spill, leading to the official dismissal of federal lawsuits against the company. Alabama Gov. Bentley said last week that RIG would pay the state $20M to resolve legal claims; documents from the other states this week indicate Louisiana will get $4M, Texas $2M and Florida $5M, while Mississippi's share has not been released.
Tags: states
agree
oil
compensation
Transocean announces delivery delays of two newbuild drillships
2015-10-26 01:00:00| Offshore Technology
Drilling contractor Transocean has agreed with customer Shell EP Wells Equipment Wells Services, and the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard, to delay the operating and delivery contracts of two newbuild drillships.
Tags: delivery
delays
announces
transocean
Transocean - Tete-A-Tete With Petrobras Will Not End Well
2015-10-04 23:29:07| Oil & Gas - Topix.net
With its $134B debt load at junk levels, Petrobras is looking for any excuse to cut supplier contracts and lower day rates. Petrobras is embroiled in a corruption scandal -- "Operation Car Wash" -- where executives were accused of providing suppliers with inflated contracts in exchange for kickbacks.
Tags: well
end
petrobras
transocean
Transocean CEO Shows Leadership, Impresses
2015-09-10 20:47:44| Oil & Gas - Topix.net
After a rocky start, RIG CEO Jeremy Thigpen has recently made the appropriate moves to optimize his company for the challenging future. RIG's ample liquidity and cadre of newer ultra-deepwater and harsh environment rigs make the company a survivor with a good post-drilling recession future.
Tags: shows
leadership
ceo
impresses
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