Steven? Steven Newman Thanks, Thad, and welcome to all of our employees, customers, investors and analysts. Thank you for joining us on the call today. As you saw from our first quarter press release ...

NEW ORLEANS - Transocean employees should have done more to detect signs of trouble before the company's drilling rig exploded in the Gulf of Mexico in 2010, killing 11 workers and triggering the ...

* Customer response to U.S. deepwater moratorium will vary * Dividend plans intact, share buyback program halted -CEO * Transocean shares down 5 pct in New York (Adds further detail from conference ...

NEW ORLEANS (AP) — Transocean employees should have done more to detect signs of trouble before the company’s drilling rig exploded in the Gulf of Mexico in 2010, killing 11 workers and triggering the ...

The CFO of Houston-based National Oilwell Varco Inc. (NOV) is stepping down to become CEO of Transocean Ltd. (RIG), one of NOV’s largest customers. Effective April 22, Jeremy Thigpen will become CEO ...

HOUSTON (Reuters) - Barely two months into his new job as the head of the world's largest offshore driller, Steven Newman was steering Transocean through the 2010 Gulf of Mexico oil spill, quickly ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The offshore drilling company said the move was a mutual ...

(AP) A federal judge in New York on Tuesday dismissed a lawsuit from investors who alleged top executives of Transocean Ltd. misled shareholders about safety problems in the months leading up to a ...

If there is one thing investors really hate it's uncertainty. The uncertainty for offshore drillers like Transocean has only gotten worse over the past year. An already shaky offshore drilling market ...

NEW ORLEANS — Months before the 2010 Gulf of Mexico oil spill, Swiss drilling contractor Transocean knew it had an urgent safety problem after four rig workers were killed in 92 days, CEO Steven L.

Rig contractor Transocean expects to sell older rigs this year worth between $500 million and $1 billion as it steps up its effort to upgrade the fleet. "We continue to pursue a broad spectrumof ...