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 ...

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.

I have covered Transocean Ltd. or "Transocean" (NYSE ... operating a quartet of 7th generation drillships offshore Brazil under low-margin legacy contracts, the company's profitability is likely ...