Additionally, we have made notable progress in recent months, reducing our operating costs as evidenced by our strong free cash flow generation in the period and our simplified and improved capital ...
Transocean (RIG) has surged 42.9% recently, outperforming the S&P 500, yet I maintain a 'hold' rating due to lingering risks.
Offshore drilling specialist Transocean reported a notable insider sale amid ongoing industry volatility and a year of modest ...
Transocean's (RIG) legal response in the first 48 hours after its Deepwater Horizon oil rig exploded and sank in the Gulf of Mexico will fuel -- not prevent -- the liability fire against the company.
Energy stocks came under pressure on hopes for a Russia‑Ukraine ceasefire and forecasts of warm weather weigh on oil and ...
Transocean (RIG) sure is sorry about those insensitive "best year in safety performance" declarations. Not to mention the bonuses it tied to this amazing feat -- the very same year the Deepwater ...
Transocean's stock is struggling to break through the $9 resistance line, but could reach double digits this year. New drilling contracts and rising oil prices are positive indicators for offshore ...
Transocean Deepwater Inc. has agreed to plead guilty to violating the Clean Water Act (CWA) and to pay a total of $1.4 billion in civil and criminal fines and penalties for its conduct in relation to ...
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced the execution of a six-well contract in Australia with an undisclosed operator for the Deepwater Skyros. The estimated 320-day campaign is ...
Offshore Technology on MSN
Equinor discovers oil and gas near Tyrihans field offshore Norway
The discovery was made through exploration well 6407/1-B-2 H, the first well drilled within production licence 1121, using the Transocean Encourage drilling rig.
Transocean (NYSE:RIG), the largest offshore driller, faced significant headwinds over the last 4 years as the downturn in the oil market reduced demand for high-cost, long-lifecycle offshore projects.
In more fallout from slumping oil prices, the chief executive of Transocean, a company associated with the Deepwater Horizon explosion, is stepping down, the firm announced Monday. Steven Newman took ...
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