In its BC-10 integrated field development off Brazil, Shell is using new subsea technologies that incorporate caisson separation with electric submersible pumps, surface BOP with ...

Benzinga - by Zacks, Benzinga Contributor. Transocean Ltd. (NYSE: RIG), the Swiss offshore contract drilling service provider, has reached an agreement with an undisclosed customer to sell one of its ...

Background of Deepwater Nautilus Rig Specifications and Capabilities: The Deepwater Nautilus is a 5th-generation semisubmersible drilling rig, built in the year 2000.

Sale Details of the Deepwater Nautilus The Agreement Overview: Transocean has disclosed in a recent U.S. Securities and Exchange Commission (“SEC”) filing that the oil and gas drilling company has ...

Transocean (RIG) agrees to sell its 5th-generation semisub Deepwater Nautilus and associated assets for $53.5 million, as part of the company's strategy to dispose of non-strategic assets.

Transocean has agreed to sell for $53.5 million one of its ultra-deepwater floaters, the Deepwater Nautilus, and its associated assets, the offshore driller confirmed Monday in a federal filing.

Transocean surprisingly decided to cold-stack the 5th generation semi-submersible rig Deepwater Nautilus which likely means the end for this 23-year old unit.

Construction on the groundbreaking Mardi Gras transportation system in deepwater Gulf of Mexico by BP America Inc. and partners is well under way. Upon completion, the Mardi Gras system will be ...

Deep in the bowels of the vessel, surrounded by large metal pipes and the soft hum of pumps, you can't feel the surrounding water. But, if a large ship passes by, you can hear the distant whir of ...

Offshore drilling giant Transocean has managed to secure new contracts and extensions for eight offshore drilling rigs since its last rig fleet status report issued in October 2019. "Since its last ...