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Transocean with annual revenue of USD 9.484 billion in the year 2013 is world's largest offshore drilling contractor and the leading provider of drilling management services worldwide. Transocean owns or has partial ownership interests in, and operates a fleet of, 79 mobile offshore drilling units consisting of 48 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment drilling rigs), 21 Midwater Floaters and 10 High-Specification Jack ups. In addition, they have seven Ultra-Deepwater Drill ships and five High-Specification Jack ups under construction. They are currently operating in more than 20 countries. Building on more than 50 years of experience with the highest specification rigs and 18,400 employees placed across the globe, Transocean is focused on safety and premier offshore drilling performance.
Transocean has extended its global leadership position to the offshore drilling market in India as well. Transocean has extensive experience of over two decades in the varied Indian offshore conditions having worked for the drilling campaigns of ONGC, RIL & others and has contributed to several oil and natural gas discoveries and developments. To support the current fleet operations in India, the company has a well established infrastructure in place which includes dedicated manpower, technical field support, well construction team, Shore-base facilities on the East Coast of India.
Tidewater headquartered in New Orleans, USA has been in existence for over 50 years and are the industry leaders with a massive fleet of more than 300 offshore supply vessels and an annual turnover of USD-1.44 billion in FY 2014. The company has presence in 50 countries and employs 7500 people worldwide. Tidewater's wholly-owned subsidiary, Quality Shipyards, L.L.C., provides new vessel construction, conversion and repair services on the Gulf Intracoastal Waterway near Houma, Louisiana thereby providing flexibility in vessel support.
The company operates in most of the world's significant oil and gas exploration and production regions and provides services supporting all phases of offshore exploration, development and production, including towing and anchor handling of mobile drilling rigs & equipment, transporting supplies & personnel of drilling rigs, assisting in offshore construction activities and for a variety of specialized services including pipe laying, cable laying and 3-D seismic work.
Tidewater has been active in India for nearly 2 decades supporting various offshore activities. Tidewater’s operations in India are ably supported from its project office in Mumbai. The office is staffed full time with qualified technical, operational and safety personnel that can provide the necessary support in a quick and efficient manner and backed by its office in Dubai. Tidewater is privileged to have been associated with the drilling program of almost all Operators like, ONGC, Reliance, British Gas, GSPC, Cairn, Niko, HOEC; operating on both East and West coast of India.