Transocean's Backlog Signals A Deepwater Revival
Transocean reported a long list of reasons why the deepwater drilling business is coming back strong. Making money is still not one of them.
Transocean Deploys Hybrid Floating Drilling Rig Off Norway
The hybrid power technology cuts fuel consumption and boosts the dynamically positioned rig’s station-keeping reliability, the drilling contractor says.
More Tweaks Than Transformation in Rewrite of Well Control Rule
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.
Transocean Reveals Its Drilling-Changing Ideas
The biggest drilling company appears interested in becoming the most innovative. It is testing inventions ranging from a blowout preventer that is not hydraulically powered to power systems designed like a hybrid car.
Equinor, Transocean Ink Deal for Five Automated Rigs
The contract is helping to solidify Europe’s offshore sector as the focal point for the rise of automated drilling technology.
Transocean Makes Latest Move Toward Offshore Consolidation
This new deal marks the second major acquisition of an offshore drilling company since the onset of the industry downturn.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
26 May 2020