Transocean wraps up $2.7B Ocean Rig acquisition

Offshore drilling giant Transocean has become even bigger as it on Wednesday evening announced the completion of the acquisition of Ocean Rig UDW, an ultra-deepwater drilling specialist. However, it’s not the size that’s driving the acquisition, it’s the quality. In a brief update, Transocean said the acquisition added nine high-specification ultra-deepwater drillships, two harsh environment... Continue Reading →

Sepia field subsea tender gets longer deadline

12/5/18 Petrobras continues to delay the delivery of proposals to provide engineering services, installation, subsea interconnection of rigid pipelines and supply of goods associated with the Sepia field, in the Santos Basin. The new deadline stated on Petronect is 17/12, one week after the last scheduled date. "It's a normal Petrobras process. There are hundreds... Continue Reading →

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