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  • Graphic: A Look at Deepwater Horizon Operator Transocean

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    The State Newspaper
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    Transocean is the world's largest offshore drilling contractor, operator of the Deep Horizon rig that exploded in the Gulf of Mexico. The company has 70 semisubmersibles and drillships, 65 jackup rigs and three other rigs; major customers include BP, leaser of Deep Horizon. In 2009, the company reported a Net profit of $3. Billion.

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    Graphic: A look at Deepwater Horizon operator Transocean

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    Transocean is the world's largest offshore drilling contractor, operator of the Deep Horizon rig that exploded in the Gulf of Mexico. The company has 70 semisubmersibles and drillships, 65 jackup rigs and three other rigs; major customers include BP, leaser of Deep Horizon. In 2009, the company reported a Net profit of $3. Billion.

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    217 views1 page

    Graphic: A Look at Deepwater Horizon Operator Transocean

    Uploaded by

    The State Newspaper
    Transocean is the world's largest offshore drilling contractor, operator of the Deep Horizon rig that exploded in the Gulf of Mexico. The company has 70 semisubmersibles and drillships, 65 jackup rigs and three other rigs; major customers include BP, leaser of Deep Horizon. In 2009, the company reported a Net profit of $3. Billion.

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    © All Rights Reserved
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    of 1

    A look at the world’s largest offshore drilling

    contractor, operator of the Deep Horizon rig


    that exploded, causing a massive oil spill in
    the Gulf of Mexico:

    At a glance Sliding share price


    Headquarters Vernier, Switzerland, Daily closes since 1993, when
    Houston and Cayman Islands the company went public May 6
    $69.70
    CEO Steven Newman 160
    Employees (2009) 19,300
    120
    Sales (2009) $11.6 billion
    Net profit (2009) $3.2 billion 80
    Profile Specializes in deepwater
    drilling; has 70 semisubmersibles and 40
    drillships, 65 jackup rigs and three
    other rigs; major customers include BP, 0
    leaser of Deep Horizon ’93 ’01 ’10

    Operations
    Norway
    U.K.
    Canada
    Italy Caspian
    Sea
    Gulf of Mexico
    India
    Venezuela Southeast
    Asia
    Brazil West
    Africa
    Australia

    Becoming Transocean Highlights of the company’s history


    1919 Founded in Louisiana 1992 Offshore becomes Sonat
    as Danciger Oil & Refining Co. Offshore Drillling Inc. (SODI)
    1950 Bought by Southern Production 1996 SODI acquires Transocean ASA
    Co. of Norway, creating Transocean
    1953 Southern forms The Offshore Offshore
    Drilling Co., then develops the world’s 1999 Merges with drilling company
    first offshore jackup drilling rig in the Sedco Forex, becoming Transocean
    Gulf of Mexico Sedco Forex
    1963 Offshore acquires London’s 2003 Simplifies name to Transocean
    International Drilling Co. Ltd.
    1966 Designs first rig for year-round © 2010 MCT
    Source: Transocean, Hoovers
    operations in the North Sea Graphic: Pat Carr

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