Transocean Ltd., a top offshore drilling company, has been mentioned in testimony in a corruption investigation focused on Brazil's state-run Petrobras, Brazilian court documents showed.
Transocean Ltd. today announced on Monday it has been awarded 10-year contracts for four new build dynamically positioned ultra-deepwater drill-ships by Royal Dutch Shell (Shell).
Brazilian authorities identified a small oil leak off the shores of Rio de Janeiro on Saturday, the latest in a series of spills that has raised safety concerns over the development of some of the world's largest petroleum reserves.
Brazilian federal prosecutors are suing Transocean Ltd and Chevron Corp for 20 billion Reais (10.6 billion dollars) in environmental and social damages and asked a court to suspend their operations, according to a statement yesterday.