When BP’s Deepwater Horizon oil rig exploded in the Gulf of Mexico in 2011, it led to the largest oil spill in U.S. history, ...

RIG adds $199 million to the second-quarter backlog with new contracts and extensions, lifting its total to $7.2 billion amid strong offshore demand.

Transocean is one of the best oil drilling stocks according to hedge funds, thanks to a compelling recent contract update.

Transocean specializes in deepwater and harsh environment drilling services, operating a fleet of 32 mobile offshore drilling units.

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. Transocean specializes in technically demanding sectors of the global offshore drilling ...

Transocean owns or has partial ownership interests in and operates a fleet of 32 mobile offshore drilling units, consisting of 24 ultra-deepwater floaters and eight harsh environment floaters.

Transocean (NYSE: RIG) is a pure-play offshore drilling contractor operating 32 mobile offshore drilling units, including 24 ultra-deepwater floaters and eight harsh-environment semisubmersibles.

Louisiana cancels $3 billion repair of eroding Gulf coastline funded by 2010 Deepwater Horizon oil spill settlement.

Louisiana is officially canceling a $3 billion coastal restoration project funded by the Deepwater Horizon oil spill settlement. The Mid-Barataria Sediment Diversion Project aimed to rebuild over ...

NEW ORLEANS (AP) — Louisiana officially canceled a $3 billion coastal restoration funded by the Deepwater Horizon oil spill settlement money, state and federal agencies confirmed Thursday.