Update: Activists commandeering North Sea rig vow to ‘continue occupation’
Greenpeace activists have vowed to continue their occupation of a BP-contracted oil rig in the Cromarty Firth.
Transocean
VIDEO: Activists halt progress of North Sea rig bound for BP field
A group of Greenpeace activists have halted progress on a Transocean oil rig bound for the North Sea.
NOV finds buyer for pair of blowout preventers
Oilfield technology and equipment firm National Oilwell Varco (NOV) will sell two 20,000-psi blowout preventer stacks to Transocean.
North Sea drillers snub ‘inferior’ pay offer from ‘breakaway group’
Scores of offshore drillers have rejected an "inferior" pay offer from a group of companies accused of snubbing a collective agreement.
Zennor hails ‘key step’ as it completes test drilling at Finlaggan
Zennor Petroleum has reached a “key step” towards first production at its Finlaggan field in the North Sea.
Opito appoints new global director
Not-for-profit energy skills-body Opito has announced the appointment of a new director to lead a fresh global focus at the organisation.
‘Complacency and fatigue’ contributed to death on offshore drillship
Investigators have found “complacency and fatigue”contributed to the death of an offshore worker in the Gulf of Mexico.
Wheels of recovery in motion for rigs market, analyst says
The wheels of recovery are undoubtedly in motion for the global offshore rigs market, analyst said today.
Transocean signs £650m drilling deal with Chevron
Offshore services firm Transocean has announced it has signed a rig and drilling deal with Chervon totalling more than £650 million.
Transocean completes Ocean Rig takeover
Transocean confirmed today that it had completed the acquisition of Ocean Rig. The acquisition adds nine high-specification ultra-deepwater drillships, two harsh environment semisubmersibles, and two high-specification ultra-deepwater drillships currently under construction to Transocean’s existing fleet.
Shareholders approve Transocean’s takeover of Ocean Rig
Transocean's acquisition of rival rig contractor Ocean Rig has been approved by the shareholders of both companies.
Moody’s says oil service debt ‘unsustainable’
Debt levels at oil field services companies have reached "unsustainable" levels, the debt rating agency Moody's Investors Service said in a new report.
US offshore oil production shows signs of turnaround
Offshore oil production is showing signs of a turnaround as crude prices rise and operations become more efficient, giving energy compaies in Houston and elsewhere the confidence to resume deepwater projects stalled during the oil bust.
Transocean’s Ocean Rig merger could get ‘premium assets back to work’, Woodmac says
Transocean's £2.1 billion acquisition of Ocean Rig could "double" drillship rates and get premium assets "back to work", a Wood Mackenzie analyst said.
Transocean announces multi-billion acquisition of Ocean Rig
Swiss offshore drilling firm Transocean has announced the £2.1 billion acquisition of drilling contractor Ocean Rig.
Husky keeps Transocean rig for Canadian job
Canadian oil firm Husky has booked the Henry Goodrich rig for another year for a job off the country’s east coast. The contract is expected to start in the fourth quarter. Transocean said the contract backlog was $100 million.
Transocean boss chipper despite Q2 losses
Transocean’s boss said today that the rig contractor had delivered solid second-quarter results on the back of strong efficiency and increased activity.
Transocean wins 13-well North Sea contract with ConocoPhillips
Offshore driller Transocean has won a 13-well UK North Sea contract with ConocoPhillips.
Norwegian rig workers to strike after failed talks
Hundreds of oil and gas rig workers in Norway are to begin strike action today after talks on a proposed wage deal collapsed, according to a state appointed mediator.
Norway’s largest oil drilling union agrees pay deal
The largest labour union in Norway announced the agreement of a new pay deal today, while a smaller workers union held off from accepting terms.
Azinor books Transocean rig for North Sea appraisal wells
Azinor Catalyst has signed a letter of intent with Transocean for drilling the Agar-Plantain wells in the UK North Sea.
North Sea oil and gas firms win NHS Grampian awards
Almost 20 North Sea oil and gas companies were recognised for the work they’ve undertaken to ensure healthier working lives for staff at the NHS Grampian Healthy Working Lives Awards.
Oil firms face lawsuit after spy camera found in woman’s cabin on rig
An American plaintiff is seeking more than $1million in damages after a spy camera was discovered in her living quarters aboard the Transocean-owned Deepwater Invicus drillship.
Offshore oil recovery beginning in world’s harshest environments
Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s biggest offshore rig contractor by market value.
Transocean in the red despite making ‘great progress’
Switzerland-based offshore drilling contractor Transocean said it had made “great progress” in the face of challenging market conditions last year, despite falling into the red.