In Transocean’s fleet update, the Switzerland-based company says it will be scrapping four of its rigs and 16 floaters that will cost up to US$325 million. The Sedco Express. From Transocean. The Deepwater Expedition…
Norway's Petroleum Safety Authority has launched an investigation into an incident on Transocean Barents on 4 March when a roughneck suffered crush injuries. The injured drill floor worker was on the monkey board, about 10-12m in the derrick…
Transocean last night said its CEO and president of nearly five years Steven Newman is to stand down today (16 February). Newman. From Transocean's Beacon Mag. The international rig owner and operator…
Another ruling came down from the Texas Supreme Court involving BP’s Macondo accident. This time, the courts ruled that BP couldn’t claim the estimated US$700 million in insurance carried by Transocean at the time of the spill in 2010. Deepwater…
First oil has been produced from the Det norske-operated Bøyla field in production license 340 in the Norwegian sector of the North Sea offshore Norway. Bøyla, a subsea tie-back to the Alvheim floating production facility, is estimated…
Det norske is planning a US$238 million development for the Viper-Kobra fields near Alvheim in production license (PL) 203, in the central North Sea, off Norway. Map of Alvheim field. From Det norske…
The Petroleum Safety Authority of Norway (PSA) has given Det norske oljeselskap ASA consent to use the Transocean Winner mobile drilling facility to drill two new subsea production wells on the Alvheim field. The Transocean Winner…
Offshore Ireland focused exploration firm Providence Resources has confirmed that it has received a judgement in its favor in a ruling over costs Transocean was claiming against it. The case related to cost claims made by Transocean…
Transocean is to create a new business unit called Caledonia Offshore Drilling Company to run its eight-strong North Sea midwater drilling rig fleet. The company expects to establish the new business unit during 2H 2014 and, at an appropriate stage…
Keppel FELS Limited (Keppel FELS) has won a US$1.1 billioncontract from Transocean Ltd. (Transocean) to build five KFELS Super B Class jackup rigs. The rigs are scheduled to be delivered between Q1 2016 to Q3 2017. In addition, Transocean…
Lundin Petroleum, through its wholly-owned subsidiary Lundin Norway, posts the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea. The exploration well 6608/2-1S…
Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announced the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea…
Transocean celebrates two new jackupsDancing, speech and gift giving and flying confetti were the order of the day at the formal naming ceremonies today for two newbuild High-Specification Jackups,Transocean Siam Driller and Transocean Andaman…
Transocean pleads guilty for Gulf spill role Deepwater Horizon response efforts (Photo: USCG)Transocean has agreed to plead guilty for its role in the 2010 Deepwater Horizon accident and pay $1.4 billion in both criminal and civil fines, the U…
Transocean WinnerLundin has spud an appraisal well on the northeastern flank of the Johan Sverdrup discovery, the company announced on 13 November 2013.The 16/2-16 well will be used to gather information on the recently drilled 16/2-13A in PL501 and 16/2-10 well in PL265…
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