BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 1.Jul.2026, Words: 238) — Equinor entered into a letter of intent with Transocean for use of 3 Cat D rigs on the […]
Tag: Transocean
Transocean reports contracts from Norway to Brazil with VĂĄr Energi and Petrobras totaling $1bn
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Apr.2026, Words: 278) — Transocean Ltd. announced awards of a contract for a harsh environment semisubmersible in Norway and contract extensions for 2 ultra-deepwater drillships […]
Transocean to retire senior secured notes due 2028 (Titan notes)
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, […]
Transocean-Valaris deal signals continued consolidation in offshore drilling market
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 9.Feb.2026, Words: 262) — Transocean revealed plans to acquire Valaris in an all-stock transaction valued at $5.8bn. The combination has a pro-forma value […]
Transocean Reveals $518mn Ultra-Deepwater Contract
(Transocean, 18.Jul.2023) — Transocean Ltd. (NYSE: RIG) announced that an independent operator awarded a 1,080-day contract for a high-specification seventh-generation, ultra-deepwater drillship in the Gulf of Mexico offshore Mexico. One of three drillships will be selected […]
Equinor Reveals New Oil Find Close to Barents Sea Johan Castberg Field
(Equinor, 25.May.2022) — Equinor has made a new oil discovery in Snøfonn Nord, exploration well 7220/8-2 S, by the Johan Castberg field in the Barents Sea. The well was drilled […]
LatAm Offshore Activity To Slip Due To COVID-19
(IHS, 9.Apr.2020) — As the COVID-19 pandemic continues its spread across the globe, the oil and gas industry has put into practice new procedures and processes to help mitigate potential […]
Transocean Extends Contract for Petrobras 10000 Through 2021
(Transocean Ltd., 28.Sep.2018) — Transocean Ltd. announced the ultra-deepwater drillship Petrobras 10000 was awarded a 790-day contract extension offshore Brazil with Petrobras. The contract is extended through October 2021, and […]