Since the April 20 explosion, Transocean’s stock has fallen 41 percent, while BP’s has dropped 31 percent. Throughout its history, Transocean has been known for pushing the envelope. The company, the leading player in offshore oil …
Today, our research desk covers a blog story on RIG. Go directly to your stock of interest and access today's free …
It’s Personal Financial Disclosure Day in Washington, and noticeably absent from the 2009 financial records of a few members of Congress are their previous holdings in BP and Transocean. Senator John Kerry, D-Mass. Three senators …
ZUG, SWITZERLAND-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that it has reached an agreement …
Transocean Sedco Forex Inc., already the world's biggest offshore oil-drilling contractor, said it agreed to buy R&B Falcon Corp. in a $5.3-billion stock deal that will leave it towering over its rivals and make it the dominant deep-water driller.
A federal judge in New Orleans on Tuesday sided with the oil industry, striking down the temporary moratorium on new offshore exploration and deepwater drilling the Obama administration imposed last month. That judge, it turns out, has …
ThinkProgress reported on Tuesday that Judge Martin Feldman, the U.S. District Court Judge who declared illegal the …
The conversion price represents a conversion premium of approximately 32.5% to the closing price of Transocean ordinary shares on the New York Stock Exchange on December 5, 2007, of $127.25. In addition, if certain fundamental changes …
Transocean, one of the world's largest operators of offshore platforms, has announced plans to slash stock dividends, citing the company’s falling revenues amid global oil market turbulence as the reason. According to a statement issued …