Deepwater driller ocean rig

Brand new drillship ready to make a splash in ultra

A brand new ultra-deepwater drillship has been delivered by its owner in South Korea and will soon make its debut in the Brazilian market.

Transocean rigs fetch $656 million for eight drilling gigs

Switzerland-based offshore drilling contractor Transocean has landed multimillion-dollar contracts and extensions in the U.S. Gulf of Mexico, Norway, Australia, and Brazil for

Transocean

Greenway Plaza, the location of Transocean''s Houston offices Transocean Ltd. is an American drilling company. [2] It is the world''s largest offshore drilling contractor based on revenue and

Technological Breakthroughs in Deepwater Drilling

Deepwater drilling has long been a critical component of the energy industry, allowing access to vast reserves of oil and gas located

Mighty deepwater rig rides into Norway in need of a new contract

Mighty deepwater rig rides into Norway in need of a new contract Owner of the harsh-environment Ocean GreatWhite looking for a new contract The semi-submersible

Deepwater Drilling

Deepwater drilling is the process of creating holes in the Earth''s crust using a drilling rig under deep water. The purpose is to explore for and produce oil and natural gas

How Deep Can Offshore Oil Rigs Drill?

Currently, the most advanced deepwater rigs — those of ultra-deepwater drillships — can drill down to 40,000 feet, or roughly 7.5 miles, below the ocean floor.

How does deep water drilling work?

The first offshore drilling platform was built in 1897 in California at the end of a wharf, according to How Stuff Works. This was followed by the

Offshore Drilling 101: A Complete Overview

Offshore drilling is fraught with numerous challenges that require meticulous planning, advanced technology, and stringent safety measures.

Top Offshore Drilling Companies in 2025 | Leading Firms

Ocean Rig is skilled in ultra-deepwater drilling with a fleet of technologically advanced drillships. The company''s focus on innovation and

Westwood Insight – Namibia: The newest most

These rig deals were awarded to an array of different deepwater rig providers including Pride International, Diamond Offshore, Transocean,

Rig naming ceremony marks Hanwha Ocean''s

Hanwha Drilling, part of South Korea''s Hanwha Ocean, has held a naming ceremony for a seventh-generation drillship, which will work in Brazil.

A Look inside the Deepwater Atlas

The equipment on our newest drillships can reduce the time it takes to drill a deepwater well, bringing total costs down. Among the special aspects of the

Exploring The Depths: Understanding How Deep

What is the purpose of deep water drilling and how does it work? Deepwater drilling refers to the process of drilling for oil or gas deposits in

Transocean Ltd. Provides Quarterly Fleet Status Report

Transocean Ltd. Provides Quarterly Fleet Status Report STEINHAUSEN, Switzerland—October 24, 2024—Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that

Deepwater drilling

OverviewTypes of deepwater drilling facilities2010 Deepwater Horizon oil spillSee alsoExternal articles

Deepwater drilling, or deep well drilling, is the process of creating holes in the Earth''s crust using a drilling rig for oil extraction under the deep sea. There are approximately 3400 deepwater wells in the Gulf of Mexico with depths greater than 150 meters. Deepwater drilling has not been technologically or economically feasible for m

Deepwater Drilling

Deepwater drilling is a method of exploring for oil and gas sources, with approximately 3400 deepwater wells currently in use in the Gulf of Mexico with depths of 150 meters or more. [1] In

Ocean Rig

Ocean Rig UDW Inc. was an operator of semi-submersible oil platforms and underwater drillships and was based in Athens. In 2018, the company was acquired by Transocean. The company