Transocean Archives - Carrier Management

Rig Contractor Transocean Linked to Petrobras Corruption Probe

Transocean Ltd., the world's largest offshore rig contractor, has been linked for the first time to the corruption probe of Petroleo Brasileiro SA, the state-owned energy giant at the center of ...

BP Drops Fight Over $750M Deepwater Horizon Insurance

BP Plc won't seek to access Transocean Ltd.'s $750 million insurance policy for the Deepwater Horizon rig, which exploded while drilling a BP well in 2010, sparking the worst offshore spill in U.S. ...

BP Resolves Oil Spill-Related Claims With Hailiburton, Transocean

BP Plc has settled with oilfield services provider Halliburton Co and contract driller Transocean Ltd cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. ...

BP Can’t Access $750M Transocean Cover For 2010 BP Spill

BP Plc isn't covered under Transocean Ltd.'s insurance policies for the doomed Macondo well project, the Texas Supreme Court said, blocking the oil company's access to $750 million to pay costs from ...

BP’s Legal Gamble May Trim Spill Bill By Billions: Analysis

BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars. After failing ...

Court Date Coming For U.S. Gulf Coast Oil Spillers

Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled to face ...