Transocean News

Anadarko Petroleum Corp., in what will be the first case arising from the 2010 Gulf of Mexico spill to go to trial, argues a U.S. ban on deep-water drilling qualified as an act of God that allowed it to end a rig lease.

Although behavior is not really part of the definition, for many, the word still conjures up the Stalin era judicial system and its use of three impartial judges to find you guilty of a crime to be determined after your execution.

The market was up this week as measured by the S&P 500 which climbed from 1299.19 to 1317.82. The market was rather volatile during the week, reaching its weekly high on Tuesday, then bottoming on Wednesday, before recovering in the latter half of the week.

Do you want the good news first, or the bad news? Well, the good news is that it would be hard to imagine a worse year from Transocean Ltd than 2011 was.

The offshore energy market is tough enough in normal times, or whatever passes for normal.

I've been watching the late-spring market swoon through the prism of oil prices.

Brazilian oil startup HRT Participacoes em Petroleo SA said Wednesday it has hired a semi-submersible drill rig from Transocean Ltd.

U.S. Energy agrees to partner with private equity Mueller Exploration to help develop the oil-rich Woodbine Sub-Clarksville 7 project located in Texas.

Investors must develop a concise and comprehensive evaluation of a considerable number of factors which may influence establishing a position in an issue like Transocean .

The market fell this week with the S&P 500 declining from 1342.49 to 1295.22. Most of the fall came in the last three days.

Transocean Ltd. / Transocean Ltd. Shareholders Approve All Proposals at Annual General Meeting .

Transocean Ltd. / Transocean Ltd. to Present at UBS Oil and Gas Conference . Processed and transmitted by Thomson Reuters ONE.

Transocean Ltd. / Transocean Ltd. Provides Fleet Update Summary . Processed and transmitted by Thomson Reuters ONE.

Transocean Ltd. 4 Greenway Plaza PO Box 2765 Houston, Texas 77252 USA e> e© .: 713-232-7500 a *a a a a Ya a: 713-232-7031 e> a a a 1 4a : info@houston.deepwater.com Transocean is the world's largest offshore drilling contractor and leading provider of drilling management services worldwide.

The commodity and energy sectors and the firms that serve them have been taken out and shot over the last few weeks.

There are a lot of energy industry veterans who believe that only the conservative survive, and it's not hard to see where they're coming from - companies that have levered up and expanded aggressively during booms have often been the ones to go bankrupt during the inevitable busts.

Shares of Transocean opened at 43.30 on Wednesday. Transocean has a 52 week low of $38.21 and a 52 week high of $70.77. The company's market cap is $15.177 billion.

Shares of Transocean opened at 43.30 on Wednesday. Transocean has a 52 week low of $38.21 and a 52 week high of $70.77. The company's market cap is $15.177 billion.

Companies generating significant cash flow sure have held up well the last couple years.

In all the hullabaloo that punctuated last week's market action, somewhat unnoticed was the fact that Petrobras , Brazil's state-run oil company, delayed its first-quarter earnings report.