Post Tagged with: "Transocean"

Source: Houston Chronicle

Seadrill unveils its first hybrid-powered offshore drilling rig

Houston Chronicle


Not only are offshore drilling rigs become smarter and more automated, they are becoming greener and more energy independent.

Seadrill, an offshore drilling rig operator headquartered in Bermuda with its principal offices in London and Houston, has unveiled …

Transocean Revolving Credit Facility Jumps to $1.36 Billion

Transocean Revolving Credit Facility Jumps to $1.36 Billion

Transocean Ltd. Announces Revolving Credit Facility Increase to $1.36 Billion

May 15, 2019 - 5:31 am Closing Bell Story‎, Finance, Press Releases
Transocean Contracts to Supply Two Ultra-Deepwater Drillships to Chevron for Gulf of Mexico

Transocean Contracts to Supply Two Ultra-Deepwater Drillships to Chevron for Gulf of Mexico

$830 million contract
Offshore drilling contractor Transocean Ltd. (stock ticker: RIG) has two opportunities in development with Chevron (stock ticker: CVX).

Most recently, Transocean signed a rig design and construction management contract with Chevron USA, as well as a 5-year

December 28, 2018 - 2:24 pm Closing Bell Story‎, International, Offshore
Transocean Offers $750 Million Notes to Generate Cash for Ocean Rig Merger

Transocean Offers $750 Million Notes to Generate Cash for Ocean Rig Merger

Transocean Ltd. Announces Offering of Notes

Transocean Scores 955 Days from Chevron Australia for Ultra-Deepwater Semisubmersible Rig in 2019: Adds $158 Million to Backlog

Transocean Scores 955 Days from Chevron Australia for Ultra-Deepwater Semisubmersible Rig in 2019: Adds $158 Million to Backlog

Transocean Ltd. (NYSE:RIG) announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing offshore Australia in the first half of 2019 with Chevron Australia. The estimated firm contract backlog, excluding integrated services, …

July 17, 2018 - 1:44 pm Closing Bell Story‎, Energy News, Offshore
Transocean Pontus to Offer $600 Million in Senior Secured Notes

Transocean Pontus to Offer $600 Million in Senior Secured Notes

Transocean Ltd. (NYSE:RIG) announced today that Transocean Pontus Limited, a wholly owned indirect subsidiary of Transocean, commenced a private offering of senior secured notes. Transocean Pontus intends to offer U.S. $600 million in aggregate principal amount of senior secured notes …

July 10, 2018 - 1:23 pm Closing Bell Story‎, Energy News, Finance
Transocean Offers $700 Million of Secured Notes and Closes $1 Billion Credit Facility

Transocean Offers $700 Million of Secured Notes and Closes $1 Billion Credit Facility

Transocean Ltd. (NYSE:RIG) announced today that Transocean Guardian Limited (“Transocean Guardian”), a wholly owned indirect subsidiary of Transocean, commenced a private offering of senior secured notes. Transocean Guardian intends to offer U.S. $700 million in aggregate principal amount of senior …

June 27, 2018 - 12:21 pm Closing Bell Story‎, Energy News, Finance
Transocean Announces Retirement of COO

Transocean Announces Retirement of COO

From Globe NewsWire

Transocean Ltd. (NYSE:RIG) announced today that John Stobart, Executive Vice President, Chief Operating Officer and Chief Performance Officer, is retiring. Keelan Adamson, the company’s Senior Vice President – Operations, has assumed Mr. Stobart’s responsibilities, effective June 1, …

June 4, 2018 - 12:18 pm Closing Bell Story‎, Energy News
Halliburton, Transocean Reach Resolution with BP

Halliburton, Transocean Reach Resolution with BP

Companies Hope to Strengthen Relationship

On May 20, 2015, Halliburton (ticker: HAL) and BP plc (ticker: BP) announced a mutual agreement to resolve remaining issues relating to charges and indemnities from the Deepwater Horizon disaster. The incident occurred 61 months …