Transocean's deepwater drillship, the Deepwater Atlas, has secured a 365-day extension with BP, a London-based integrated oil and gas company, in the U.S. Gulf of America. This contract is a direct ...

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 ...

BP filed a $40 billion suit Wednesday against Transocean, the owner of the blown up drilling rig, on the one-year anniversary of the rig explosion that killed 11 people and spilled more than 200 ...

HOUSTON (Reuters) - Before rig workers aboard a doomed drilling platform performed a procedure that BP Plc says may have been a "fundamental mistake," there was a "skirmish" between BP and Transocean ...

Given this divergence in performance, investors could start to assume that a potential catch-up might be in place. But this is not just a phenomenon for the broader industry. When looking at the ...

WASHINGTON, Jan 3 (Reuters) - Transocean Ltd agreed to pay ${esc.dollar}1.4 billion to settle U.S. government charges over BP Plc's massive Gulf of Mexico oil spill in 2010 and the rig contractor ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. BP Plc (NYSE: BP) has surpassed the $1 billion mark in ...

A federal judge has approved Transocean Ltd.'s agreement with the Justice Department to plead guilty to a misdemeanor charge and pay $400 million in criminal penalties for its role in the 2010 Gulf of ...