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Showing results for Transocean Offshore Deepewater Drilling, Inc.
...The drilling programme could last until 2026 with the necessary regulatory approvals, the company said....
...Offshore drilling contractor Transocean and Amplify Energy, two other big holdings, have also seen stock price falls of more than 80 per cent since the turn of the year, as the spreading viral outbreak...
...Better known in the US for its petrol stations, offshore drilling and the Deepwater Horizon oil spill, BP last year pledged to begin reducing crude production, cutting emissions — including rampant flaring...
...Offshore drilling company Transocean’s seven-year bond raised last year has risen to 87 cents on the dollar from as low as 31 cents in October....
...Houston’s Diamond Offshore Drilling filed for bankruptcy on Sunday with debts of more than $2.6bn, blaming the “unprecedented” impact of an oil price war and the coronavirus pandemic....
...Baker Hughes took a 5 per cent stake in Adnoc’s drilling unit....
...The rise was driven by more US shale drilling....
...“The real ramp up in rig rates, the much larger increase in offshore drilling” was unlikely to be seen before 2020, he added....
...Last year Transocean, the world’s largest offshore-rig operator, jettisoned six of its rigs amid bleak predictions for deepwater drilling....
...The deal will create an offshore specialist with 83 rigs, drilling contracts and operations across six continents, including in the Gulf of Mexico, west Africa, the North Sea and the Middle East, with the...
...On Wednesday, offshore drilling contractor Transocean was looking to sell $550m of debt and Lamar Media sought to borrow $250m, according to the people....
...Jeremy Thigpen, chief executive of rig operator Transocean, said last month the ultra-deepwater drilling market was “turning up”....
...Drilling gained 6.1 per cent....
...This week, Transocean followed by striking a deal to acquire Norway’s Songa Offshore for $3.4bn....
...Transocean is paying $1.1bn for Norway’s Songa Offshore while US rival Ensco is buying Atwood Oceanics....
...This week, Transocean followed by striking a deal to acquire Norway's Songa Offshore for $3.4 billion....
...The Norwegian offshore drilling company has warned it faces steep losses. Shareholders have already suffered a heavy wipeout....
...The offshore drilling business is in such distress that Transocean just sold at a steep discount a dozen rigs it does not need to a small Norwegian group....
...Transocean was among the best-performing stocks on Thursday after beating earnings estimates and saying it believed a bottom in the offshore drilling market “is near” as oil prices had stabilised in the...
...The film does a terrific job of recreating the look and feel of the offshore oil industry, and of showing the challenges of working in isolated and hostile conditions....
...Coty shares popped in extended trading after the S&P Dow Jones Indices said the company would replace Diamond Offshore Drilling on the S&P 500....
...Oil and gas companies within the S&P 500 have declined on eight of the past 10 trading days, including 9 per cent-plus drops for Transocean, Marathon Oil, Diamond Offshore Drilling and Murphy Oil....
...There were also sharp rises for oil services companies, with shares in Halliburton up 11.1 per cent and Transocean, the offshore rig operator, up 17.1 per cent....
...That leaves the largest rig owners — SeaDrill, Transocean, and low cost provider Diamond Offshore, with $22bn in gross debt between them — watching nervously as newly restructured companies offer customers...
...Neither BP nor Transocean, the drilling company that owned the Deepwater Horizon rig, co-operated with the filmmakers....
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