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] The history of Saipem is deeply connected to 's management era of during the years of the . In the early 1950s Mattei had reorganized the Italian oil industry through a complex system of outright acquisitions and government investments, in order to guarantee Italy's self-reliance in energy.
[pdf] Gas production is carried out by four wells connected by two 18-inch, 73-mile subsea tiebacks to a platform located 10 km offshore . The processing platform has the capacity to handle up to 1.2 BCF of gas per day (12 BCM per year) and could be expanded to handle up to 2.1–2.4 BCF per day (21–24 BCM per year). Gas and pipelines link the platform to an onshore reception station at Dor which is connected to the domestic Israeli gas a.
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