Transocean News

 

Transocean Collects $326M in New Drilling Rig Deals

Feb 15, 2024

Offshore drilling contractor Transocean has secured contracts for three of its drilling rigs – semi-submersible Transocean Barents and drillships Deepwater Skyros and Deepwater Invictus – worth approximately $326 million.In its quarterly fleet status report, Transocean said its total backlog now amounts to approximately $9 billion, including deals for the three drilling rigs.Transocean Barents has been awarded a minimum 540-day contract in the Romanian Black Sea at a rate of $465…

Winthershall Dea Secures Drilling Permit Offshore Norway

Apr 03, 2024

The Norwegian Offshore Directorate has granted Wintershall Dea Norge a permit for a drilling operation in the North Sea that will be conducted using Transocean Norge rig.The permit is for a wildcat well 35/11-27 S in production license 248.Wintershall Dea is the operator of the license with 60%…

Equinor Granted Permission to Drill Wildcat Well in Barents Sea

Feb 21, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea, to be conducted with Transocean Enabler semi-submersible drilling rig.The permit is for the 7220/2-2 exploration well in production license 1080…

Transocean Inks $251m Semisub Contract

Dec 12, 2023

Offshore drilling contractor Transocean on Tuesday announced its harsh environment semisubmersible drilling rig Transocean Barents has secured a contract from Romanian integrated oil company OMV Petrom in the Romanian Black Sea.Expected to commence in the first quarter of 2025…

Transocean Posts $220M Q3 Loss. CEO Upbeat About 'Multi-Year' Offshore Drilling Industry Upcycle

Oct 31, 2023

Offshore drilling firm Transocean posted a net loss of $220 million for the third quarter of 2023, on revenues of $713 million.Net loss was higher compared to $165 million in the second quarter of 2023.Contract drilling revenues for the three months ended September 30…

Transocean Awarded $222 Million Drillship Contract

Aug 31, 2023

Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding…

Transocean Barents Leaves Norway. Takes on New Challenge in Lebanon's Offshore Sector

Jul 24, 2023

Transocean Barents, Transocean's semi-submersible drilling rig, which is used to operating in harsher environments such as those in Norway, the UK, and Canada, is now moving to the Mediterranean Sea.Namely, TotalEnergies has informed that the…

Transocean's Fleet Status Report: $1.2 Billion in Offshore Drilling Contracts Secured

Jul 20, 2023

Offshore drilling contractor Transocean said Wednesday it had recently secured contracts and contract extensions worth $1.2 billion in total.In its fleet status report, the company said that contracts had been secured for seven drilling rigs…

Transocean Secures $172 Million Offshore Drilling Contract Extension in Norway

Jul 05, 2023

Offshore drilling contractor Transocean Ltd. said Wednesday that six one-well options had been exercised for the Transocean Encourage semi-submersible drilling rig in Norway. While Transocean did not specify who the client was, the harsh-environment…

Transocean Secures 16-Well Contract for Transocean Equinox Rig in Australia

Jun 29, 2023

Offshore drilling contractor Transocean has secured a 16-well contract for the Transocean Equinox semi-submersible drilling rig in Australia for a consortium of four operators. The 380-day campaign contributes approximately $184 million in backlog…

'Major Operator' Chooses Transocean Rig for Australian Offshore Drilling Project

May 10, 2023

Offshore drilling firm Transocean has secured a drilling contract for its Transocean Equinox offshore drilling rig.Transocean said that the semi-submersible drilling rig had won a contract with a 'major operator' in Australia. Transocean did not say who the client was…

AI-driven Tech Promises to Cut Offshore Well Drilling Times, Costs, and Boost Safety

May 04, 2023

Offshore drilling firm Transocean, on behalf of its clients Wintershall Dea and OMV, has contracted InteliWell to equip and utilize its proprietary InteliWell software on the semi-submersible drilling rig Transocean Norge.InteliWell is a joint…

Transocean Drills 'First' Fully-automated Hole Section of Offshore Well

Apr 27, 2023

Offshore drilling firm Transocean said Thursday it had recently drilled its first fully-automated hole section of a well.The milestone, which Transocean described as significant, was achieved in the Norwegian Sea, offshore Norway.The company…

Transocean's Big Move: Adapting Offshore Drilling Vessels to Install Wind Foundations

Apr 19, 2023

Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels…

Transocean's Backlog Grows to $8.6B with Latest Rig Deals in Norway and Australia

Apr 19, 2023

Deepwater drilling company Transocean has secured $546 million worth of drilling contracts in the past quarter, according to its rig fleet status report issued Tuesday.The contracts were secured by four rigs, the Transocean Enabler, Transocean Encourage…

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