Hints and tips:
...This week, Transocean followed by striking a deal to acquire Norway’s Songa Offshore for $3.4bn....
...In December, Vantage Drilling in the US, which has three deepwater drillships, filed for bankruptcy protection....
...Although offshore and especially deepwater oil is expensive, the fields found can be very large....
...If Fossil is threatened by the imminent entry of a big competitor, Transocean, one of the world’s largest offshore drilling contractors, faced further pain from the weaker oil price....
...Day rates for drilling rigs have started to fall, even for advanced deepwater rigs....
...Carl Icahn, the corporate raider, has disclosed an effective 3.2 per cent stake in Transocean, the offshore drilling contractor that owned and operated the Deepwater Horizon rig that sank in the Gulf of...
...(Bloomberg) Transocean in $1.4bn Gulf settlement: Transocean, the offshore drilling contractor that owned and operated the Deepwater Horizon rig that sank in the Gulf of Mexico in 2010, has agreed a $1.4bn...
...The offshore drilling contractor owned and operated the Deepwater Horizon rig that sank in the Gulf of Mexico in 2010....
...The deal that created today’s Transocean was the 2007 merger with GlobalSantaFe, which made it the world’s largest offshore drilling contractor by far....
...Transocean suffered a fall in profits in the second quarter, as costs rose more quickly and the deepwater drilling industry recovered from the ban that followed the oil spill in the Gulf of Mexico....
...Transocean, the world’s largest offshore drilling contractor, which owned and operated the Deepwater Horizon rig that exploded on April 20, saw one of the steepest declines of the year, falling 90 places...
...Ensco, the UK-based drilling services company, is buying rival Pride International, a specialist in deepwater projects, in a cash-and-stock deal worth about $7.3bn to create the second-largest offshore driller...
...Ensco, the UK-based drilling services company, is buying rival Pride International, a specialist in deepwater projects, in about a $7.1bn cash-and-stock deal to create the world’s second-largest offshore...
...Yet the commission identified flaws in process safety on Deepwater Horizon, despite one BP representative’s later testimony that it was “one of the top-performing rigs” in the fleet for drilling and safety...
...Transocean and Halliburton, are left out....
...Zurich-listed Transocean, the offshore drilling contractor which operated the Deepwater Horizon oil rig in the Gulf of Mexico, rose 6.1 per cent in the week to SFr64.40....
...According to a 2008 financial disclosure report posted on the website of Judicial Watch, a monitoring group, Mr Feldman owned stock in numerous offshore drilling companies, including Transocean, which owned...
...Judicial Watch, a monitoring group, later posted Mr Feldman’s 2008 financial disclosure report on the internet, showing he owned stock in numerous offshore drilling companies, including Transocean, which...
...The six-month moratorium on offshore drilling announced by Barack Obama, president, on Thursday will cut US oil production and hit the revenues of oil and gas companies for years to come....
...As we are bullish on deepwater activity levels well into the next decade, we view Transocean as a core holding in the offshore drilling sector....
...Transocean has agreed to buy GlobalSantaFe in a complex deal worth $18bn that will unite the world’s largest offshore oil and gas drilling companies and could herald further consolidation in the sector....
...Transocean on Monday agreed to buy GlobalSantaFe in a complex deal worth $18bn that will unite the world’s largest offshore oil and gas drilling companies and could herald further consolidation in the sector...
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