News Release +1 713-232-7551

Total Page:16

File Type:pdf, Size:1020Kb

News Release +1 713-232-7551 Transocean Ltd. Investor Relations and Corporate Communications Analyst Contacts: Thad Vayda News Release +1 713-232-7551 Diane Vento +1 713-232-8015 Media Contact: Chris Kettmann FOR RELEASE: May 15, 2014 +1 713-232-7647 TRANSOCEAN LTD. PROVIDES FLEET UPDATE SUMMARY ZUG, SWITZERLAND—May 15, 2014—Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since April 17, 2014. The total value of new contracts since the April 17, 2014 Fleet Status Report is approximately $953 million. Other highlights include: Dhirubhai Deepwater KG1 – Awarded a three year contract offshore Brazil at a dayrate of $440,000 ($482 million estimated backlog). The rig’s prior dayrate was $510,000. Paul B. Loyd, Jr. – Awarded a two year contract extension in the U.K. North Sea at a dayrate of $430,000 ($314 million estimated backlog). The rig’s prior dayrate was $447,000. GSF Development Driller II – Awarded a three-well contract in the Black Sea offshore Romania at a dayrate of $360,000 ($97 million estimated backlog). The rig’s prior dayrate was $606,000. GSF Constellation II – Customer exercised a one year option offshore Gabon at a dayrate of $165,000 ($60 million estimated backlog). The rig’s prior dayrate was $165,000. Sedco 706 – The remaining backlog from the Sedco 710 contract in Brazil has been transferred to the Sedco 706. Estimated 2014 planned out-of-service time increased by a net 485 days, including 354 days primarily associated with contract preparation and mobilization on the Dhirubhai Deepwater KG1, GSF Development Driller II and Polar Pioneer; and 121 days related to the shipyard acceleration into 2014 from 2015 on the GSF C.R. Luigs. Estimated 2015 planned out-of-service time decreased by a net 84 days. These estimates are subject to change due to a variety of factors, including changes in the company’s business plans and customers’ requirements. The report can be accessed on the company’s website at www.deepwater.com. Forward-Looking Statements The statements described in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements which could be made include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned shipyard projects and other out-of-service time, and sales of drilling units. These include but are not limited to operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the future prices of oil and gas and other factors, including those discussed in the company's most recent Form 10-K for the year ended December 31, 2013 and in the company's other filings with the SEC, which are available, without charge, on the SEC's website at www.sec.gov. Should one or more of these risks or uncertainties materialize, or the other consequences of such a development worsen, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or expressed or implied by such forward-looking statements. All subsequent written and oral forward-looking statements attributable to the company or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements. All non-GAAP financial measure reconciliations to the most comparative GAAP measure are displayed in quantitative schedules on the company’s website at www.deepwater.com. This press release or referenced documents does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of Transocean Ltd. and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean Ltd. About Transocean Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world. Transocean owns or has partial ownership interests in, and operates a fleet of, 78 mobile offshore drilling units consisting of 46 high-specification floaters (ultra-deepwater, deepwater and harsh- environment drilling rigs), 21 midwater floaters and 11 high-specification jackups. In addition, the company has nine ultra-deepwater drillships and five high-specification jackups under construction. For more information about Transocean, please visit the company’s website at www.deepwater.com. Transocean Ltd. (NYSE: RIG), (SIX: RIGN) Updated: May 15, 2014 Revisions Noted in Bold Dynamically positioned Dayrate on Dayrate on Estimated Out of Service Days (4) Estimated Out of Service Days (4) Yr. (1) Water Drilling Estimated Estimated Current Previous Footnote Floater Dynamically Entered Depth Depth Contract Expiration Contract (3) Contract (3) 2014 2015 Rig Type/Name References Type Positioned Service (Feet) (Feet) Location Customer Start Date Date (2) (Dollars) (Dollars) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 High Specification Floater: Ultra-Deepwater Discoverer Americas (6) ship 2009 12,000 40,000 Tanzania Statoil Mar-14 Mar-16 735,000 636,000 - - 30 - - - - - Deepwater Champion (6) ship 2011 12,000 40,000 USGOM ExxonMobil Jun-12 Nov-15 677,000 655,000 - - - - - 40 - - Discoverer Clear Leader (6), (10) ship 2009 12,000 40,000 USGOM Chevron Sep-09 Sep-14 569,000 503,000 - - 21 - - - - - (6), (8) USGOM Chevron Sep-14 Aug-18 590,000 569,000 Discoverer Inspiration (6) ship 2010 12,000 40,000 USGOM Chevron Feb-10 Mar-15 525,000 494,000 - - - - 21 - - - (6), (8) USGOM Chevron Mar-15 Mar-20 585,000 525,000 Dhirubhai Deepwater KG1 ship 2009 12,000 35,000 India Reliance Aug-09 Jul-14 510,000 N/A - - 62 92 8 30 - - (6), (7), (8) Brazil Petrobras Jan-15 Dec-17 440,000 510,000 Discoverer Enterprise ship 1999 10,000 35,000 USGOM BP Jan-14 Oct-14 615,000 515,000 - - - 30 - - - - GSF C.R. Luigs (6) ship 2000 10,000 35,000 USGOM BHP Billiton Feb-14 Jun-14 580,000 540,000 - - 29 92 - - - - Deepwater Discovery (6), (7) ship 2000 10,000 30,000 Nigeria Shell Jan-14 Sep-14 461,000 NA - - - - - 7 92 18 Deepwater Pathfinder (6) ship 1998 10,000 30,000 USGOM ENI Aug-10 Apr-15 680,000 550,000 - - - - - 30 - - GSF Development Driller II (8) semi 2005 7,500 37,500 Romania Lukoil Oct-14 Jun-15 360,000 606,000 - 64 92 - - - - - Sedco Energy semi 2001 7,500 35,000 Ghana Idle - - - - - - - - High Specification Floater: Deepwater Sedco 706 (6), (7), (8) semi 1976/1994/ 2008 6,500 25,000 Brazil Petrobras May-14 Sep-16 296,000 361,000 - 21 - - 31 29 - - Jack Bates (7) semi 1986/1997 5,400 30,000 Australia Santos Feb-14 Jun-14 380,000 525,000 - - 10 - - - - - High Specification Floater: Harsh Environment Henry Goodrich (6) semi 1985/2007 5,000 30,000 Canada Suncor Apr-14 Jun-14 346,000 346,000 - - - - - 82 18 - (6), (8) Canada Suncor Jun-14 Mar-15 476,000 346,000 Paul B. Loyd, Jr. (7) semi 1990 2,000 25,000 UKNS BP Sep-13 Sep-14 441,000 350,000 - - - - - - 43 57 (7) UKNS BP Sep-14 Mar-15 447,000 441,000 (7) UKNS BP Mar-15 Aug-15 430,000 447,000 (7) UKNS BP Aug-15 Mar-16 436,000 430,000 (7) UKNS BP Mar-16 Sep-16 443,000 436,000 (7) UKNS BP Sep-16 Mar-17 450,000 443,000 (7) UKNS BP Mar-17 Jun-17 456,000 450,000 Polar Pioneer (6) semi 1985 1,500 25,000 Alaska Shell Nov-14 Feb-15 589,000 523,000 - 74 92 53 - - - - (6) Alaska Shell Feb-15 Mar-15 558,000 589,000 (6) Alaska Shell Mar-15 Apr-15 589,000 558,000 (6) Alaska Shell Apr-15 Jun-15 558,000 589,000 (6) Alaska Shell Jun-15 Oct-15 620,000 558,000 (6) Alaska Shell Oct-15 Dec-15 558,000 620,000 (6) Alaska Shell Dec-15 Apr-16 589,000 558,000 (6) Alaska Shell Apr-16 Jun-16 558,000 589,000 (6) Alaska Shell Jun-16 Oct-16 620,000 558,000 (6) Alaska Shell Oct-16 Dec-16 558,000 620,000 (6) Alaska Shell Dec-16 Jun-17 589,000 558,000 Midwater Floaters GSF Arctic III (7) semi 1984 1,800 25,000 UKNS Chevron Apr-14 Oct-14 410,000 336,000 - - - 37 59 - - - Sedco 714 (7) semi 1983/1997 1,600 25,000 UKNS Total Dec-12 May-14 401,000 398,000 - 37 83 - - - - - (7) UKNS Total Sep-14 Sep-15 439,000 401,000 (7) UKNS Total Sep-15 Mar-16 445,000 439,000 GSF Grand Banks (6), (8) semi 1984 1,500 25,000 Canada Husky Jan-13 Sep-15 409,000 297,000 90 51 - - - - - - High Specification Jackups GSF Constellation II (6) 2004 400 30,000 Gabon Total Oct-12 Oct-14 165,000 109,000 - - - - - - - - (6) Gabon Vaalco Oct-14 Jul-16 165,000 165,000 GSF Galaxy III (6), (7) 1999 400 30,000 UKNS Nexen Jul-13 May-14 226,000 146,000 - - 30 - 66 - - - (7) UKNS Nexen May-14 Jul-14 180,000 226,000 Fixed-Price Options - See Footnote 9 High Specification Floater: Ultra-Deepwater GSF Development Driller II (6) semi 2005 7,500 37,500 Romania Lukoil Jun-15 Dec-16 400,000 360,000 High Specification Floater: Harsh Environment Paul B.
Recommended publications
  • 2021 Annual General Meeting and Proxy Statement 2020 Annual Report
    2020 Annual Report and Proxyand Statement 2021 Annual General Meeting Meeting General Annual 2021 Transocean Ltd. • 2021 ANNUAL GENERAL MEETING AND PROXY STATEMENT • 2020 ANNUAL REPORT CONTENTS LETTER TO SHAREHOLDERS NOTICE OF 2021 ANNUAL GENERAL MEETING AND PROXY STATEMENT COMPENSATION REPORT 2020 ANNUAL REPORT TO SHAREHOLDERS ABOUT TRANSOCEAN LTD. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services, and operates one of the most versatile offshore drilling fleets in the world. Transocean owns or has partial ownership interests in, and operates a fleet of 37 mobile offshore drilling units consisting of 27 ultra-deepwater floaters and 10 harsh environment floaters. In addition, Transocean is constructing two ultra-deepwater drillships. Our shares are traded on the New York Stock Exchange under the symbol RIG. OUR GLOBAL MARKET PRESENCE Ultra-Deepwater 27 Harsh Environment 10 The symbols in the map above represent the company’s global market presence as of the February 12, 2021 Fleet Status Report. ABOUT THE COVER The front cover features two of our crewmembers onboard the Deepwater Conqueror in the Gulf of Mexico and was taken prior to the COVID-19 pandemic. During the pandemic, our priorities remain keeping our employees, customers, contractors and their families healthy and safe, and delivering incident-free operations to our customers worldwide. FORWARD-LOOKING STATEMENTS Any statements included in this Proxy Statement and 2020 Annual Report that are not historical facts, including, without limitation, statements regarding future market trends and results of operations are forward-looking statements within the meaning of applicable securities law.
    [Show full text]
  • India: Depths of Opportunity Robert L
    OOFFSHOREFFSHORE FFA TransoceanRORO Inc. PublicationNTIERSNTIERSMay 2003 India: Depths of Opportunity Robert L. Long President and CEO Welcome India is one of the most fascinating countries I have ever visited. The complexity and richness of the culture, the tremendous natural resources and the vast pool of talented and highly educated people give India unlimited potential. Transocean is fortunate to be playing a role in the development of India’s energy infrastructure. Thanks to the outstanding efforts from India District Manager Deepak Munganahalli and his team, we expanded our activity from one to six rigs during the 18 months through April. In the process, we have made a very significant gas discovery — the Dhirubhai find in the Krishna-Godavari basin — for Reliance Industries, which is emerging as a major, new E&P player. Also, it should be noted that the Discoverer 534 set a water depth record in India drilling in 5,773 feet of water before leaving for Malaysia in April. We are excited about the future prospects in India. Under the dynamic leadership of Chairman Subir Raha, the Oil and Natural Gas Corporation Ltd of India (ONGC) is significantly increasing drilling activity and, of particular interest to Transocean, is making a concerted effort to explore India’s deepwater potential. As we go to press with this issue of Offshore Frontiers, we are preparing to respond to two ONGC tenders for five additional jackups and at least two, and possibly four, additional deepwater rigs. In addition, Reliance will be contracting a deepwater rig to develop the Dhirubhai discovery. If all this activity proceeds, India could become a very significant deepwater drilling province and a key player in Transocean’s future growth strategy.
    [Show full text]
  • Transocean Ltd. Provides Quarterly Fleet Status Report
    Transocean Ltd. Provides Quarterly Fleet Status Report STEINHAUSEN, Switzerland—April 18, 2018—Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of and contract information for the company’s fleet of offshore drilling rigs. As of today, the company’s contract backlog is $12.5 billion. This report includes the following: GSF Development Driller I – Awarded a one-well contract offshore Australia; Transocean Spitsbergen – Customer exercised two one-well options in the Norwegian North Sea; Transocean Arctic – Awarded a one-well contract, plus a one-well option in the Norwegian North Sea; and Henry Goodrich – Customer exercised a six-month option offshore Eastern Canada. The report can be accessed on the company’s website: www.deepwater.com. About Transocean Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world. Transocean owns or has partial ownership interests in, and operates a fleet of 47 mobile offshore drilling units consisting of 27 ultra-deepwater floaters, 12 harsh environment floaters, two deepwater floaters and six midwater floaters. In addition, Transocean owns two ultra-deepwater drillships under construction. The company also operates one high-specification jackup that was under a drilling contract when the rig was sold, and the company will continue to operate the jackup until completion or novation of the drilling contract.
    [Show full text]
  • TRANSOCEAN LTD. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): January 12, 2009 TRANSOCEAN LTD. (Exact name of registrant as specified in its charter) Switzerland 000-53533 98-0599916 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 4 Greenway Plaza Houston, Texas 77046 (Address of principal executive offices) (zip code) Blandonnet International Business Center Building F, 7th Floor Chemin de Blandonnet Vernier, Switzerland CH-1214 (Address of principal executive offices) (zip code) Registrant’s telephone number, including area code: (713) 232-7500 +41 (22) 930-9000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01 Regulation FD Disclosure We issue a report entitled “Transocean Fleet Status Report”, which includes drilling rig status and contract information, including contract dayrate and duration.
    [Show full text]
  • Transocean Ltd. ( RIG ) 10−Q
    Transocean Ltd. ( RIG ) BLANDONNET INTERNATIONAL BUSINESS CENTER VERNIER, V8, 1214 41−58−792−92 10−Q Quarterly report pursuant to sections 13 or 15(d) Filed on 8/4/2010 Filed Period 6/30/2010 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q (Mark one) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2010 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____. _________________________ Commission file number 000-53533 TRANSOCEAN LTD. (Exact name of registrant as specified in its charter) Zug, Switzerland 98-0599916 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Chemin de Blandonnet 10 1214 Vernier, Switzerland (Address of principal executive offices) (Zip Code) +41 (22) 930-9000 (Registrant’s telephone number, including area code) _________________________ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
    [Show full text]
  • Deepwater Frontier Drillships, Have Taken Ultra-Deep- “As the Largest, Most Experienced Deepwater Water Drilling to Greater Levels in Brazil
    OOFFSHOREFFSHORE FFRORONTIERSNTIERS Latin America: The Next Generation A Transocean Inc. Publication July 2005 Robert L. Long President and CEO Welcome Brazil’s excellence in deepwater leadership is well known worldwide, and Transocean is honored to provide offshore drilling services that support the country's drive for energy self-sufficiency. Our long history in Brazil of more than 40 years has allowed us to tap into the tremendous resource which the people of this country represent. Over 85% of our people in Brazil are Brazilian and their expertise and professionalism are as good as anywhere in the world. Some of the highlights of our history include Brazil’s first jackup drilling rig in 1968 and world water-depth drilling records in 2001 by the drillships Deepwater Millennium and Deepwater Expedition. In addition, the Fifth-Generation semisubmersible Sedco Express holds the record for the fastest offshore well in Brazilian history drilled in less than seven days. We also have the tremendous achievement of the Sedco 135D de-watering unit’s 15 years without a lost-time incident, including 12 years as a mobile offshore drilling unit, and the Sedco 707’s 0.20% downtime year-to-date through June 2005. With the recent award by Petroleo Brasileiro S.A. (Petrobras) of term contracts for five of our rigs with a combined 19 rig years, Transocean is further positioned for offshore drilling leadership in Brazil. At the same time, Latin American countries from Argentina to Mexico are pursuing deepwater projects, which would add to rig demand in this part of the world. To help meet offshore drilling demand in Brazil and elsewhere, we must deliver the safest and most effective offshore drilling services possible.
    [Show full text]
  • AR-6 High-Specification Floaters the Following Table Provides Certain
    High-Specification Floaters The following table provides certain information regarding our 47 High-Specification Floaters as of February 10, 2011: Year Water Drilling entered depth depth service/ capacity capacity Name Type upgraded (a) (in feet) (in feet) Location Ultra-Deepwater Floaters (26) Discoverer Clear Leader (b) (c) (d) HSD 2009 12,000 40,000 U.S. Gulf Discoverer Americas (b) (c) (d) HSD 2009 12,000 40,000 Egypt Discoverer Inspiration (b) (c) (d) HSD 2010 12,000 40,000 U.S. Gulf Petrobras 10000 (b) (c) (d) HSD 2009 12,000 37,500 Brazil Dhirubhai Deepwater KG1 (b) (d) (e) HSD 2009 12,000 35,000 India Dhirubhai Deepwater KG2 (b) (d) (e) HSD 2010 12,000 35,000 India Discoverer India (b) (c) (d) HSD 2010 10,000 40,000 India Discoverer Deep Seas (b) (c) (d) HSD 2001 10,000 35,000 U.S. Gulf Discoverer Enterprise (b) (c) (d) HSD 1999 10,000 35,000 U.S. Gulf Discoverer Spirit (b) (c) (d) HSD 2000 10,000 35,000 U.S. Gulf GSF C.R. Luigs (b) HSD 2000 10,000 35,000 U.S. Gulf GSF Jack Ryan (b) HSD 2000 10,000 35,000 Nigeria Deepwater Discovery (b) HSD 2000 10,000 30,000 Brazil Deepwater Frontier (b) HSD 1999 10,000 30,000 Timor-Leste Deepwater Millennium (b) HSD 1999 10,000 30,000 Ghana Deepwater Pathfinder (b) HSD 1998 10,000 30,000 U.S. Gulf Deepwater Expedition (b) HSD 1999 8,500 30,000 Malaysia Cajun Express (b) (f) HSS 2001 8,500 35,000 Brazil Deepwater Nautilus (g) HSS 2000 8,000 30,000 U.S.
    [Show full text]
  • View Annual Report
    TRANSOCEAN • PROXY STATEMENT & 2003 ANNUAL REPOR TRANSOCEAN • PROXY STATEMENT www.deepwater.com 4 Greenway Plaza Houston,TX 77046 713.232.7500 T 2003PROXY STATEMENT & 2003 ANNUAL REPORT CONTENTS BOARD OF DIRECTORS CORPORATE INFORMATION Shareholders' Letter J. MICHAEL TALBERT Houston Office Chairman Transocean Inc. Notice of 2004 Annual General Meeting and Proxy Statement Transocean Inc. 4 Greenway Plaza Houston,Texas Houston,Texas 77046 713.232.7500 2003 Annual Report to Shareholders VICTOR E. GRIJALVA Chairman Internet Address: http://www.deepwater.com Supplement to Proxy Statement Hanover Compressor Company Houston,Texas ARTHUR LINDENAUER Transfer Agent and Registrar ABOUT TRANSOCEAN INC. Retired Executive Vice President-Finance and Chief Financial Officer The Bank of New York Schlumberger Limited P.O. Box 11258 New York, New York Church Street Station We are the world's largest offshore drilling contractor with full or partial ownership in 96 mobile offshore drilling units, excluding the New York,New York 10286 ROBERT L. LONG 1.877.397.7229 70-rig fleet of TODCO, a publicly traded drilling company in which we own a majority interest. Our mobile offshore drilling fleet is President and Chief Executive Officer considered one of the most modern and versatile in the world due to our emphasis on technically demanding segments of the off- Transocean Inc. Internet Address: http://www.stockbny.com shore drilling business, including industry-leading positions in high-specification deepwater and harsh environment drilling units. We Houston,Texas
    [Show full text]
  • Reference List Offshore Drilling Rigs and Drill Ships Electrical System Solutions
    Contact us ABB AS Marine and Turbocharging Bergerveien 12 P.O. Box 94 N-1375 Billingstad Norway Phone: +47 03 500 Fax: +47 22 87 47 80 ABB Oy Marine Merenkulkijankatu 1 P.O. Box 185 FIN-00981 Helsinki Finland Phone: +358 10 2211 Fax: +358 10 222 2350 www.abb.com/marine © Copyright 2010 ABB. Sundheim-Madison Business Communication. 01.10. Reference list January 1, 2010 Reference List Offshore Drilling Rigs and Drill Ships Electrical System Solutions References Offshore Drilling Rigs and Drill Ships Electrical System Solutions ABB Delivery ABB Delivery CZ Thrusters CZ Thrusters ® ® Year Name Yard Owner Type of Vessel El. Power Gen. & Distr. System Thruster Drive System Azipod Drilling Drive System PMS / Automation System Year Name Yard Owner Type of Vessel El. Power Gen. & Distr. System Thruster Drive System Azipod Drilling Drive System PMS / Automation System 2012 Etesco 8 Samsung Etesco Drilling Services, LLC Drillship l l l 2009 Vitória Daewoo Petroserv Semi-sub Drilling Rig l l l 2012 Schahin II (TBN) Samsung Schahin Group Drillship l l l 2009 Scarabeo 8 Fincantieri, Palermo Saipem Semi-sub Drilling Rig l l l 2011 Atwood Semi (TBN) Jurong Shipyard Atwood Oceanics Semi-sub Drilling Rig l l l 2009 West Eminence Samsung Seadrill Semi-sub Drilling Rig l l l 2011 Hai Yang Shi You 981 Shanghai Waigaoqiao Shipy. China National Offs. Oil Co. Semi-sub Drilling Rig l l l l 2009 Stena Forth Samsung Stena Offshore Drillship l l 2011 Larsen Rig I Jurong Shipyard Larsen Oil & Gas Semi-sub Drilling Rig l l l 2009 Dhirubhai Deepwater KG1 Samsung Transocean
    [Show full text]
  • 31 Aug, 2007 Lehman Brothers CEO Energy/Power Conference
    CEO Energy / Power Conference Sept 5-7, 2006 A Different Drilling Contractor High Growth – Modern Fleet – Dynamic Management Owned & Controlled by Shareholders 2 CEO Energy / Power Conference Sept 5-7, 2006 Mission statement Create a world leading drilling contractor within 5 years ~ May 2005 CEO Energy / Power Conference Sept 5-7, 2006 16 months of High Activity Tender / Drill- Swamp Total Land Time Ownership Semi Ship Jack Up FPSO Barges Offshore Rigs IPO May 05 100% 5 2 7 Jurong Hull 1085 May 05 100% 1 1 Odfjell Invest Ltd June to July 05 100% 2 2 Purchase Ocean Rig July 05 25% 2 2 Apexindo July 05 33% 2 4 6 10 Jurong Hull 1086 August 05 100% 1 1 Daew oo Hull 3019 September 05 100% 1 1 Daew oo Hull 3020 January 06 100% 1 1 Sale Ocean Rig January 06 25% -2 -2 Smedvig ASA January 06 100% 2 1 1 13 17 Eastern Drilling January 06 40% 1 1 Mosvold Drilling Dec 05 to Feb 0 100% 2 2 Keppel Ordering March 06 100% 0 1 1 Eastern Drilling June 2006 40% 1 1 Tender Rig T-11 June 2006 100% 1 1 Total 8 3112184210 The total deals represent approximately USD 8 billion in transaction value Source: Seadrill CEO Energy / Power Conference Sept 5-7, 2006 Condensed Income Statement 2Q-2006 Actual Pro forma Unaudited accounts in USD millions 2Q06 1Q06 Operating Revenues Operating revenues 224.3 187.1 Reimbursables 22.9 18.4 Other revenues 28.4 28.4 Total revenues 275.6 233.8 Operating expenses Vessel and rig operating expenses 133.3 125.6 Reimbursable expenses 21.6 17.3 Depreciation and amortisation 46.0 44.8 General and adminstrative expenses 15.6 18.6 Total operating expenses 216.5 206.3 Operating income 59.1 27.5 Interest income 2.9 5.3 Interest expense (23.9) (31.1) Share of results from associated companies 6.9 5.4 Other financial items (3.6) 83.6 Net financial items (17.7) 63.2 Income before income taxes and minority interest 41.4 90.7 Income taxes (8.1) (9.5) Minority interest - - Net income 33.3 81.2 Source: Seadrill CEO Energy / Power Conference Sept 5-7, 2006 Condensed Consolidated Balance Sheet - as per 30.
    [Show full text]
  • 2012 Annual Report
    Transocean Ltd. • PROXY STATEMENT AND 2012 A NNUAL R E P ORT OCREATE PPORTUNITY Proxy Statement and 2012 Annual Report 3/26/13 5:08 PM CONTENTS Shareholders’ Letter Notice of 2013 Annual General Meeting and Proxy Statement 2012 Annual Report to Shareholders Transocean Ltd. Statutory Financial Statements SIX Corporate Governance Report ABOUT TRANSOCEAN LTD. We are a leading international provider of offshore contract drilling services for oil and gas wells. We own or have partial ownership interests in, and operate a fleet of, 82 mobile offshore drilling units. In addition, we have six newbuild ultra-deepwater drillships and three newbuild high-specification jackups under construction. We specialize in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services. We believe we operate one of the most versatile mobile offshore fleets in the world. We have approximately 18,400 personnel worldwide. Since launching the offshore industry’s first jackup drilling rig in 1954, we have achieved a long history of “firsts.” These innovations include the first dynamically positioned drillship, the first rig to drill year-round in the North Sea, the first semisubmersible rig for Sub-Arctic, year-round operations and the latest generations of ultra-deepwater drillships and semisubmersibles. In February 2013, the Dhirubhai Deepwater KG1 set a world record for the deepest water depth by an offshore drilling rig, which was previously held by the Dhirubhai Deepwater KG2. Norway 5 2 UK Denmark 1 8 3 1 E. Canada 1 1 Egypt US Gulf of Mexico 1 Saudi Arabia 10 4 1 1 India SE Asia 2 1 2 4 West Africa 2 1 1 1 2 2 3 East Africa 3 4 1 Australia Brazil Namibia 1 1 1 2 1 1 1 3 3 ® Ultra-Deepwater Drillships Ultra-Deepwater Semisubmersibles Harsh Environment Semisubmersibles High Specification Jackups Deepwater Drillships Deepwater Semisubmersibles Midwater Semisubmersibles As of March 14, 2013.
    [Show full text]
  • TRANSOCEAN INC. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): August 5, 2008 TRANSOCEAN INC. (Exact name of registrant as specified in its charter) Cayman Islands 333-75899 66-0582307 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 4 Greenway Plaza Houston, Texas 77046 (Address of principal executive offices) (zip code) 70 Harbour Drive Grand Cayman, Cayman Islands KY1-1003 (Address of principal executive offices) (zip code) Registrant’s telephone number, including area code: (713) 232-7500 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01 Regulation FD Disclosure We issue a report entitled “Transocean Fleet Status Report”, which includes drilling rig status and contract information, including contract dayrate and duration. A report dated August 5, 2008 is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
    [Show full text]