Transocean

A new report shows that the tight offshore rig market is even tighter than most estimates reflect. This offers relief to battered drilling contractors which are now demanding higher dayrates.

Drillers are feeling good about higher oil prices, but only to a point.

Equinor will use the semisubmersible rig Transocean Enabler, which is already under contract, for the work planned for later this year.

Intellilift and Transocean are working together on a software solution to expedite the well construction process.

Operator inks $252 million deal for use of newbuild drillship.

Transocean has delayed the delivery of the first two drillships capable of drilling and completing wells requiting 20,000-psi pressure control and told investors they are arriving at a time when the demand for ultrahigh performance is coming back.

A lot about the blowout preventers used for offshore drilling has changed since Macondo in 2010, but the essentials remain. This evolution serves as a case study on why some oilfield technology is hard to change.

Transocean reported a long list of reasons why the deepwater drilling business is coming back strong. Making money is still not one of them.

The hybrid power technology cuts fuel consumption and boosts the dynamically positioned rig’s station-keeping reliability, the drilling contractor says.

The new well control rule is evidence that memories of the Macondo blowout remain a powerful force for caution. Despite the rhetoric on both sides of this hot-button issue suggesting big changes, the final changes were incremental.