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Transocean Ltd. is an American drilling company. [2] It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland . The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
As reported in yesterday's earnings release, for the second quarter 2024, Transocean delivered adjusted EBITDA of $284 million on $861 million of contract drilling revenues, resulting in an ...
Transocean's (RIG) strong backlog, which stands at $12.5 billion, reflects steady demand from its customers. ... News. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...
In 2008 and 2009, the surveys ranked Transocean last among deep-water drillers for "job quality" and second to last in 'overall satisfaction'. For three years before the merger, Transocean was the leader or near the top in both measures. Transocean ranked first in 2008 and 2009 in a category that gauges its in-house safety and environmental ...
Transocean News Service (also Trans-Ocean News Service) was a wireless German news agency headquartered in Berlin, Germany. It was closed by the Allied occupation government after the German capitulation in May 1945. The agency was founded in 1914 in response to Britain ’s cutting of transatlantic cables to Germany during the World War I.
Transocean has the lowest returns on equity, with returns in the negative numbers, resulting from its negative net margins. Transocean has seen major declines in its net margins from last year.
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Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig [7] owned by Transocean and operated by the BP company. On April 20, 2010, while drilling in the Gulf of Mexico at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. [8]