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Transocean Ltd. Announces Pricing of U.S. $525 Million of Secured Notes Due 2023

4 days ago DieselGasoil Comments Off on Transocean Ltd. Announces Pricing of U.S. $525 Million of Secured Notes Due 2023
STEINHAUSEN, Switzerland, May 15, 2019 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that Transocean Sentry Limited (“Transocean Sentry”), a wholly owned indirect subsidiary of Transocean, has priced an offering of U.S. $525 million in aggregate principal amount of senior secured notes due 2023 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. Read More

Transocean Ltd. Announces Proposed Private Offering of U.S. $500 Million of Secured Notes Due 2023

5 days ago DieselGasoil Comments Off on Transocean Ltd. Announces Proposed Private Offering of U.S. $500 Million of Secured Notes Due 2023
STEINHAUSEN, Switzerland, May 15, 2019 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that Transocean Sentry Limited (“Transocean Sentry”), a wholly owned indirect subsidiary of Transocean, commenced a private offering of U.S. $500 million in aggregate principal amount of senior secured notes due 2023 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. Read More

A ‘no-spy’ deal would help any Huawei bid: Germany

5 days ago DieselGasoil Comments Off on A ‘no-spy’ deal would help any Huawei bid: Germany
 Highlights Kimmeridge’s Faulty Assertions and Ongoing Efforts to Mislead PDC Shareholders Urges Shareholders to Vote “For” All Three of Company’s Nominees on the WHITE Proxy Card DENVER, May 14, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) today announced it has THE WOODLANDS, Texas, May 14, 2019 (GLOBE NEWSWIRE) Read More

Transocean Ltd. Announces Revolving Credit Facility Increase to $1.36 Billion

6 days ago DieselGasoil Comments Off on Transocean Ltd. Announces Revolving Credit Facility Increase to $1.36 Billion
STEINHAUSEN, Switzerland, May 14, 2019 (GLOBE NEWSWIRE) — Transocean Ltd.(NYSE: RIG) announced today that it has amended the terms of its Revolving Credit Facility dated June 22, 2018 (“the Facility”) to increase the capacity of the Facility to $1.36 billion from $1.0 billion. The Facility contains an accordion provision permitting an increase in capacity of Read More

Trump rolls back drilling rules sparked by 2010 Gulf Oil spill

3 weeks ago DieselGasoil Comments Off on Trump rolls back drilling rules sparked by 2010 Gulf Oil spill
By Jennifer A. Dlouhy on 5/1/2019 Photo: U.S. President Donald Trump. WASHINGTON (Bloomberg) — The Trump administration plans to relax offshore drilling requirements imposed in response to the Deepwater Horizon disaster that killed 11 people in 2010 and unleashed the worst oil spill in U.S. history. The Interior Department will unveil its final plan Thursday Read More

Transocean Ltd. Reports First Quarter 2019 Results

3 weeks ago DieselGasoil Comments Off on Transocean Ltd. Reports First Quarter 2019 Results
Total contract drilling revenues were $754 million (total adjusted contract drilling revenues of $799 million), compared with $748 million in the fourth quarter of 2018 (total adjusted contract drilling revenues of $770 million); Revenue efficiency(1) was 98%, compared with 96% in the prior quarter; Operating and maintenance expense was $508 million, compared with $497 million in the prior period; Net Read More

Talos Energy appoints Shane Young as executive V.P. and CFO

4 weeks ago DieselGasoil Comments Off on Talos Energy appoints Shane Young as executive V.P. and CFO
4/24/2019 HOUSTON — Talos Energy Inc. has announced the appointment of Shannon E. young, III as executive V.P. and CFO of Talos, effective May 16, 2019. Michael L. Harding, II, currently executive V.P., CFO, chief accounting officer and treasurer, will continue to serve as the chief accounting officer of the company on an interim basis Read More

Transocean Ltd. Provides Quarterly Fleet Status Report

1 month ago DieselGasoil Comments Off on Transocean Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN, Switzerland, April 17, 2019 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. Since its last report Transocean added approximately $373 million in contract backlog, bringing total backlog to $12.1 billion. This Read More

NOIA appoints 17 oil and gas industry leaders to board of directors

1 month ago DieselGasoil Comments Off on NOIA appoints 17 oil and gas industry leaders to board of directors
4/11/2019 Washington, D.C. – The National Ocean Industries Association (NOIA) has elected 17 industry leaders to its board of directors on April 11, 2019 during its annual meeting in Washington, DC.Appointed to first term on the Board of Directors: Keelan Adamson, executive V.P. & COO, Transocean David Barton, senior V.P. Gulf of Mexico, Marubeni Oil Read More

Transocean Ltd. Announces First Quarter 2019 Earnings Release Date

1 month ago DieselGasoil Comments Off on Transocean Ltd. Announces First Quarter 2019 Earnings Release Date
STEINHAUSEN, Switzerland, April 08, 2019 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the first quarter of 2019, on Monday, April 29, 2019, following the close of trading on the NYSE. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. Read More