Transocean News

Transocean Ltd. / Transocean Ltd. Announces Fourth Quarter 2011 Earnings Release Date and Conference Call Information .

Recent court decisions concerning companies involved with the 2010 Deepwater Horizon Gulf of Mexico oil spill have had minor effects on their credit ratings, Moody's reported.

Transocean, the owners of the Deepwater rig that exploded and sank in the Gulf of Mexico in 2010, want to interview Donald Vidrine , who was well site leader for BP Plc when the well blew April 20 that year, the Associated Press reports.

United Parcel Service Incorporated announced its quarterly dividend of 57 cents per share, an increase of about 10% over its prior dividend in November of 52 cents.

Transocean Ltd. today announced the schedule for the fourth installment of its dividend of approximately U.S. $1 billion to be paid out of additional paid in capital.

By Suzanne McGee, The Fiscal Times What mattered when BP reported its earnings this week wasn't what happened in the just-ended fourth quarter .

In its weekly release, Houston-based oilfield services company Baker Hughes Inc.

The Swiss oil rig operator, that has operations in Houston, said the claims are without merit and it will contest the claims, Bloomberg reports.

Diamond Offshore Drilling Inc. A reported its results for the fourth quarter.A Net income for Diamond Offshore Drilling Inc.

Oil & Gas - Deals and Alliances Profile provides you an in-depth data and trend analysis of the company's mergers and acquisitions and financings.

Transocean Ltd. / Transocean Ltd. to Present at the Credit Suisse 2012 Energy Summit .

BP North America is expected to spend about half a billion dollars over the next few years trying to change its name from "mud;" or perhaps, in this case, "tar balls." The company faced a public relations nightmare with the Deepwater Horizon catastrophe two years ago, which decimated the Gulf of Mexico and its coastal areas.

BP PLC is looking to call Transocean Ltd. Chief Executive Steven Newman to testify in person at the trial later this month over the Deepwater Horizon disaster, the Financial Times reported on its website Thursday, citing a letter from BP to the magistrate judge for the trial.

In its weekly release, Houston-based oilfield services company Baker Hughes Inc.

BP Plc must cover some of any direct damage claims awarded against Halliburton Co.

Analysts at UBS AG decreased their earnings per share estimates on shares of Transocean in a research report issued to clients and investors on Monday.

Another financial executive has left Transocean. Robert Shaw, who was named vice president, controller and principal accounting officer in December, is leaving "to pursue other opportunities," the company said in a regulatory filing.

BP has to indemnify Transocean against damages claims from individuals and businesses affected by the Gulf of Mexico oil spill doesn't affect Moody's rating of the U.K. energy giant, the credit agency said Monday."Our scenario analysis of the costs that BP may ultimately have to bear in relation to the Gulf of Mexico oil spill, does n... ... Read ... (more)

Shares of Parker Drilling Rank the Highest in Terms of PEG Ratio in the Oil & Gas Drilling Industry Jan 30, 2012 News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Drilling industry with the highest price to earnings to growth ratios.

Transocean Ltd. rose the most in almost five months in Swiss trading after a U.S. court ruled that BP Plc must indemnify it for pollution-related economic damage claims related to the Macondo oil spill.