Mon, 28 Jan 2013 10:11:26 CDT   fool.com

Transocean owns the world's largest offshore drilling fleet, but it's not alone in the oil well services industry. The Houston, Texas based Diamond Offshore (NYSE: DO) owns 49 offshore rigs, mainly off the coast of Brazil and in the Gulf of Mexico.


Tue, 22 Jan 2013 00:16:56 CDT   seekingalpha.com

Transocean is poised to gain from a market with robust multi-year demand trends for deeper dig as less oil is being discovered on land, given its technologically advanced and versatile drilling fleet .


Tue, 18 Dec 2012 10:27:27 CDT   offshore-mag.com

The newbuild jackup Caspian Driller has been inaugurated in Astrakhan, northern Russia. Dragon Oil expects to take delivery of the leased M2 jackup rig in mid-2013 for development drilling on the Cheleken Contract Area in the Turkmen sector of the Caspian Sea.


Wed, 08 Aug 2012 11:53:03 CDT   yahoo.com

Tidewater Inc., which operates an offshore drilling fleet, said Wednesday that its net income climbed 34 percent in its fiscal first quarter on greater revenue from deepwater vessels.Net income grew to


Mon, 07 May 2012 12:14:59 CDT   yahoo.com

REUTERS - Transocean Ltd, owner of the world's largest offshore drilling fleet, will pay $432 million in shares to buy out its partner in a joint venture that owns two ultra-deepwater rigs working for Reliance Industries off India. JV partner Quantum Pacific Management exercised an option to sell its stake for cash or shares in February, and its choice of shares became final as of May 6


 
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