Transocean
Open
$6.05
Prev. Close
$6.05
High
$6.06
Low
$6.03
Market Snapshot
$5.45B
-2.0
-0.57
$3.52B
Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. The firm's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017, its fleet consisted of 30 floaters, seven harsh environment floaters, three deepwater floaters, six midwater floaters and 10 high-specification jackups. As February 9, 2017, it also had four ultra-deepwater drillships and five high-specification jackups under construction or under contract to be constructed. Its contract drilling services operations are spread across oil and gas exploration and development areas throughout the world. The firm's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.
Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. The firm's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017, its fleet consisted of 30 floaters, seven harsh environment floaters, three deepwater floaters, six midwater floaters and 10 high-specification jackups. As February 9, 2017, it also had four ultra-deepwater drillships and five high-specification jackups under construction or under contract to be constructed. Its contract drilling services operations are spread across oil and gas exploration and development areas throughout the world. The firm's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.
Recently from Cashu
Transocean Secures Contract Extension with Equinor Amidst Energy Market Recovery
Transocean (Ticker: RIG) has recently secured a significant contract extension with Equinor for the Transocean Encourage rig. This important development relates to operations on the Norwegian Continen…
Transocean Q1 Earnings: Strong Revenue Growth Amidst Operational Challenges and Profitability Concerns
Transocean Ltd. is navigating a complex landscape in the offshore drilling market, highlighted by its recent Q1 earnings report which reveals both promising revenue growth and operational challenges.…
Transocean Expands Ultra Deepwater Fleet with New Contracts in Energy Sector
Transocean Ltd. is making waves in the offshore drilling sector with the recent announcement of strategic contracts that bolster its ultra deepwater fleet capabilities. Among these significant contrac…
Transocean Expands Contracts and Enhances Financial Stability Amid Market Challenges
Transocean Ltd. (NYSE: RIG), a prominent offshore drilling contractor, has embarked on a significant expansion of its operational capabilities, highlighted by a series of multi-year contract extension…