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Good day, everyone and welcome to today's third quarter 2024 Transocean earnings call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions.
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Transocean Ltd. is an American drilling company. [2] It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland . [ 3 ] [ 4 ] The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
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In 2008 and 2009, the surveys ranked Transocean last among deep-water drillers for "job quality" and second to last in 'overall satisfaction'. For three years before the merger, Transocean was the leader or near the top in both measures. Transocean ranked first in 2008 and 2009 in a category that gauges its in-house safety and environmental ...
[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.
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Discoverer Clear Leader is a double hulled dynamically positioned drillship, capable of operating in moderate environments and water depths up to 12,000 feet (3,657m) using an 18.75 in (47.6 cm), 15,000 psi blowout preventer (BOP), and a 21 in (53 cm) outside diameter (OD) marine riser.