Transocean (RIG) is making headlines with its strategic decision to divest five drilling rigs, such as the Discoverer Clear Leader and Discoverer Americas. This move is poised to result in an estimated $1.9 billion impairment charge for Q3.
[pdf] Deepwater Horizon was a fifth-generation, RBS-8D design (i.e. model type), deepwater, , column-stabilized, semi-submersible , designed to drill wells for oil explorati. .
Deepwater Horizon was built for R&B Falcon (which later became part of ) by in , South Korea. Construction started in December 1998, the was laid on 21 March 200. .
At 7:45 p.m. on 20 April 2010, during the final phases of drilling the exploratory well off the gulf of Mexico, a geyser of seawater erupted from the onto the rig, shooting 70 metres (230 ft) into the air. This wa. .
Transocean received an early partial insurance settlement for total loss of the Deepwater Horizon of US$401 million about 5 May 2010. noted that the insurance recovery was likely to be more than t.
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