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Transocean (NYSE: RIG) Q2 2024 Earnings Call Aug 01, 2024, 11:00 a.m. ET. Contents: ... the Deepwater Asgard received a one-year contract extension with Hess at a rate of $515,000 per day ...
Transocean (NYSE: RIG) Q3 2024 Earnings Call Oct 31, 2024, 9:00 a.m. ET. ... In the Gulf of Mexico, the Deepwater Proteus and Deepwater Asgard, both 1,400-ton hook-load rigs, will conclude their ...
Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig [7] owned by Transocean and operated by the BP company. On 20 April 2010, while drilling in the Gulf of Mexico at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. [8]
The Deepwater Horizon explosion and oil spill resulted in an onslaught of litigation. Litigation commenced almost immediately after the explosion and oil spill. By May 27, 2010, Transocean, which owned the Deepwater Horizon, said in testimony before the U.S. House Judiciary Committee that it was defendant in 120 lawsuits, of which more than 80 were class actions seeking payment for financial ...
Transocean's Deepwater Horizon offshore oil rig exploded in the Gulf of Mexico more than four months ago, killing 11 of its crew and injuring 17. But the investigation into what happened on April ...
"Transocean is dominant, but the accident has definitely tarnished its reputation for worker safety and for being able to manage and deliver on extraordinarily complex deepwater projects," said Christopher Ruppel, an energy expert and managing director of capital markets at Execution Noble, an investment bank.
For its role in the Deepwater Horizon disaster, a subsidiary of Transocean has agreed to plead guilty to violating the Clean Water Act and to pay $1 billion in civil penalties for violating that ...
[60] Transocean files in the U.S. District Court for the Southern District of Texas to limit its liability under the Limitation of Shipowner's Liability Act to just its interest in the Deepwater Horizon which it values at $26,764,083. [61] May 14 – BP inserts 4-inch (100 mm) wide riser into the 21-inch-wide burst pipe.