BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Apr.2026) — Transocean Ltd. retired the 8.375% senior secured notes due 2028 (Titan notes) in full on 20 Mar. 2026.
The outstanding principal amount of $358mn, plus a call premium and accrued but unpaid interest, was settled using cash on hand and funds from the associated debt service reserve account. Interest expense savings to maturity is approximately $39mn.
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Jun.2025, Words: 267) — Viridien unveiled Sercel Accel – the industry’s first onshore drop node solution – which […]
(Argus, 6.Nov.2019) — Venezuela is offering sweeter fiscal terms to Russia’s state-controlled Rosneft for two offshore natural gas fields that are well-positioned to supply nearby […]
(Saipem, 4.Jun.2021) — Saipem and Naval Energies, a subsidiary of Naval Group, signed yesterday an agreement for the acquisition of Naval Energies’ floating wind business, […]