OEEC: Celebrating 10 years of Offshore Energy

Offshore Energy Exhibition & Conference brought together over 550 exhibitors and 12,145 visitors

Songa swings to loss

Songa Offshore's revenues dropped due to lack of contribution from two stacked rigs. 

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Transocean posts $1.4B loss in 3Q on fleet impairment

For comparison, the company for the same period last year reported a net income attributable to controlling ...

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Transocean's drillship starts ten-year GoM contract

Transocean-owned newbuild ultra-deepwater drillship Deepwater Pontus has started operations for Shell in the U.S. ...

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Neptune scoops rig positioning deal

Neptune Survey has been awarded a rig positioning contract by Australian oil and gas company Quadrant Energy. ...

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Transocean in two-year deal for Deepwater Invictus drillship

Offshore driller Transocean has secured a $106 million contract for one of its ultra-deepwater drillships. The ...

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Hurricane Energy gets nod for Lancaster development

Hurricane Energy’s development plan for the Lancaster offshore field in the UK has been granted consent by ...

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Transocean to send six floaters to scrapyard

Offshore driller Transocean is set to retire six of its ultra-deepwater floating rigs. The rigs in question are GSF ...

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Chevron ends Transocean rig contract early

U.S. oil major Chevron has decided to terminate a contract with Transocean for the Discoverer Clear Leader ...

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Transocean-Songa: Norwegian union expects 'smooth process'

Following an announcement that Transocean is buying its rival driller Songa Offshore in a $3.4 billion worth deal, ...

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Transocean to buy Songa Offshore

Switzerland-based offshore driller Transocean is buying its rival Norwegian-Cypriot offshore driller Songa Offshore ...

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Transocean finds work for Deepwater Nautilus rig

Offshore drilling contractor Transocean has reportedly found work for one of its semi-submersible drilling rigs. ...

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Transocean posts $1.7B loss on jack-up fleet impairment

Offshore driller Transocean posted a net loss of $1,69 billion for the second quarter of 2017, compared to a net ...

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New gigs revive two Transocean rigs

Offshore drilling contractor Transocean has secured more work for its drilling rigs, which meant returning from ...

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Report: DSME delivers new drillship to Transocean

South Korea’s Daewoo Shipbuilding & Marine Engineering has reportedly delivered a newbuild drillship to ...

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Rig market not yet out of the woods, MSI says

Offshore drilling rig sector, hurt by low oil prices and overcapacity, is not set for a quick recovery, at least ...

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Keppel, Borr confirm delivery dates for five jack-ups

Following the sale of Transocean’s entire fleet of jack-up rigs to Borr Drilling, including those under ...

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Transocean closes Borr deal

Transocean has completed the previously disclosed transaction to sell its jack-up fleet to Borr Drilling for a ...

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Transocean raises $410M to pay for drillship construction

Transocean, world’s largest offshore drilling contractor, has closed a private offering $410 million in ...

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Safety body probes 'Transocean Arctic'

Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has found no non-conformities during an audit ...

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Statoil hires Transocean rig

Statoil and license partners have decided to use the semi-submersible rig Transocean Spitsbergen on three ...

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Investors throwing money at offshore rig deals

Trøim and Fredriksen go all in on rig purchases while droves of investors look to jump on for the ride. If the ...

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