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] On 24 May 2011, Cactus Rig 117, operating near Calumet, Okla., suffered a direct hit by an F5 tornado that resulted in an estimated $14 million in damage. An F5 tornado damaged Cactus Rig 117 after hitting the site on 24 May 2011. Although the rig was destroyed, all of the rig’s crew survived.
[pdf] Less than an hour from downtown Houston, the world’s petroleum capital, the Offshore Energy Center (OEC) operates its facility, the Ocean Star. This totally unique museum and learning center is located on Galveston’s Pier 19, at Harborside Drive and.
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