Transocean (RIG) +1.5% in Monday's trading after announcing a contract award and an extension for two of its drilling rigs, ...
BP awarded the Mykonos a contract in Brazil, while the Enabler won a Norway extension after three one-well options were ...
In Brazil, BP has secured the ultra-deep water drillship Deepwater Mykonos for a 302-day campaign expected to begin in the ...
It has been about a month since the last earnings report for Transocean (RIG). Shares have added about 10% in that time frame, outperforming the S&P 500. Will the recent positive trend continue ...
This contract is expected to add approximately $120 million to its firm backlog. This does not include additional services, ...
Transocean's fleet status report exceeded analysts' expectations, with a backlog totaling $9.2 billion, largely due to new contract announcements. Despite the positive report, Transocean's stock price ...
In Brazil, the Deepwater Mykonos was awarded a contract with bp. The estimated 302-day campaign is expected to begin in the third quarter of 2026 and contribute approximately $120 million in backlog, ...
Transocean's stock is struggling to break through the $9 resistance line, but could reach double digits this year. New drilling contracts and rising oil prices are positive indicators for offshore ...
Since the oil downturn of 2015, many energy companies have been pressured to cut spending and increase the efficiencies of their assets to be able to generate cash flow in the $50 to $70 oil ...
You have to make a lot of adjustments for one-time expenses, but the parts of the business generating revenue reported a profit this past quarter. Let's take a look at Transocean's third-quarter ...