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Category: Transocean

  • Transocean’s backlog stands at $6.1 billion in the wake of $610M rig deals

    Transocean’s backlog stands at $6.1 billion in the wake of $610M rig deals Switzerland-based offshore drilling contractor Transocean has obtained multimillion-dollar assignments and extensions for seven mobile offshore drilling units (MODUs) from its rig fleet. The post Transocean’s backlog stands at $6.1 billion in the wake of $610M rig deals appeared first on Offshore Energy. Melisa…

  • Transocean rig duo staying longer on drilling gigs in Norwegian waters

    Transocean rig duo staying longer on drilling gigs in Norwegian waters Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway. The post Transocean rig duo staying longer on drilling gigs in Norwegian waters appeared first on Offshore Energy. Melisa Cavcic…

  • ‘Disappointing’ well results not halting gas search offshore Australia

    ‘Disappointing’ well results not halting gas search offshore Australia Amplitude Energy, an Australian gas production company focused on supplying the Southeast domestic gas market, has shed light on the results of drilling operations at an exploration well in the Otway Basin offshore Victoria, Australia. The post ‘Disappointing’ well results not halting gas search offshore Australia…

  • Transocean and Valaris to combine in $5.8BN all-share deal

    Transocean and Valaris to combine in $5.8BN all-share deal Offshore drilling contractors Transocean Ltd (NYSE: RIG) and Valaris Limited (NYSE: VAL) have signed a definitive agreement to combine the two companies under a deal that will see Transocean acquire Valaris in an all stock transaction valued at approximately $5.8 billion. The shareholding percentages of the…

  • Transocean’s play for Valaris forging $17 billion offshore drilling giant with 73 rigs

    Transocean’s play for Valaris forging $17 billion offshore drilling giant with 73 rigs Transocean has made a multibillion-dollar merger move on Valaris to breathe life into a combined company with a diversified offshore fleet of 73 rigs, including 33 ultra-deepwater drillships, nine semi-submersibles, and 31 modern jack-ups, to meet emerging growth opportunities. The post Transocean’s…

  • Evaluation coming up next to shed light on early indications of gas presence offshore Australia

    Evaluation coming up next to shed light on early indications of gas presence offshore Australia ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has intersected gas in Waarre reservoirs during drilling activities at a well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore…

  • Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor

    Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway. The post Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor appeared first on Offshore Energy. Melisa Cavcic…

  • Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia

    Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has kicked off drilling activities at another well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player. The post Transocean…

  • Shell hits black gold in Gulf of America

    Shell hits black gold in Gulf of America A U.S. subsidiary of the UK-headquartered energy giant Shell has found more oil during drilling operations with one of Transocean’s drillships in the U.S. Gulf of America (Gulf of Mexico). The post Shell hits black gold in Gulf of America appeared first on Offshore Energy. Melisa Cavcic…

  • OMV Petrom continues its multi-well drilling program with Transocean rig in Black Sea

    OMV Petrom continues its multi-well drilling program with Transocean rig in Black Sea OMV Petrom, Romania-headquartered affiliate of Austria’s OMV, has provided insight into its drilling plans in the Romanian sector of the Black Sea, where several wells remain on the list to be drilled using a semi-submersible rig owned by Transocean. The post OMV Petrom…

  • Transocean rig trio staying longer in South America and Europe

    Transocean rig trio staying longer in South America and Europe Transocean, an offshore drilling giant, has lined up more work off the coasts of Brazil, Norway, and Romania for one of its drillships and two semi-submersible rigs. The post Transocean rig trio staying longer in South America and Europe appeared first on Offshore Energy. Melisa…

  • All systems go for Equinor’s drilling ops with Transocean and COSL rigs

    All systems go for Equinor’s drilling ops with Transocean and COSL rigs Equinor has secured the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with semi-submersible rigs owned by Transocean and COSL Drilling Europe, two offshore drilling contractors. The post All systems go for Equinor’s drilling…

  • Transocean rig two weeks away from drilling ops offshore Australia

    Transocean rig two weeks away from drilling ops offshore Australia ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has embarked on pre-lay operations before it begins its natural gas exploration activities in the Otway Basin off the coast of Australia, with a rig owned by Transocean, an offshore drilling giant. The post Transocean…

  • Equinor earns regulatory sign-off for upcoming drilling ops with Transocean rig

    Equinor earns regulatory sign-off for upcoming drilling ops with Transocean rig Norwegian state-owned energy giant Equinor has received the all-clear from the country’s authorities to use one of Transocean’s semi-submersible rigs for drilling operations at a field off the coast of Norway. The post Equinor earns regulatory sign-off for upcoming drilling ops with Transocean rig…

  • Transocean rig set to kick off gas drilling ops mid-October offshore Australia

    Transocean rig set to kick off gas drilling ops mid-October offshore Australia ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has modified its timeline for the start of a two-well gas exploration campaign in the Otway Basin, which will be undertaken with one of Transocean’s rigs off the coast of Australia. The post…

  • Transocean’s backlog stands at $7.2 billion as rig quartet gets more drilling work

    Transocean’s backlog stands at $7.2 billion as rig quartet gets more drilling work Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs. The post Transocean’s backlog stands at $7.2 billion as rig quartet gets…

  • Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off?

    Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off? Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025. The post Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold…

  • Transocean rig spuds first of ten gas wells in Black Sea drilling campaign

    Transocean rig spuds first of ten gas wells in Black Sea drilling campaign OMV Petrom and Romgaz have started drilling the first gas production well in their multi-well program in the Romanian sector of the Black Sea with a semi-submersible rig, owned by Transocean, a Switzerland-based offshore drilling giant. The post Transocean rig spuds first of…

  • Transocean rig trio’s ongoing drilling gigs get an encore

    Transocean rig trio’s ongoing drilling gigs get an encore Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible rigs, working off the coast of India, Norway, and Australia. The post Transocean rig trio’s ongoing drilling gigs get an encore appeared first on Offshore Energy. Melisa Cavcic…

  • Two oil & gas firms strike trade-off deal ahead of drilling ops

    Two oil & gas firms strike trade-off deal ahead of drilling ops OKEA and DNO have made arrangements to exchange partial stakes in two prospects off the coast of Norway, which are slated to be drilled with Odfjell Drilling and Transocean semi-submersible rigs. The post Two oil & gas firms strike trade-off deal ahead of…

  • WATCH: Transocean rig comes to Southeastern Europe for 540-day drilling gig on €4 billion gas project

    WATCH: Transocean rig comes to Southeastern Europe for 540-day drilling gig on €4 billion gas project Transocean is expected to kick off drilling activities in the Black Sea next year, after one of its semi-submersible rigs, which was hired for a gas project off the coast of Romania, arrived in Constanta. The post WATCH: Transocean rig…