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Transocean's (RIG) Ultra-deepwater floaters contribute to 63.4% of its total contract drilling revenues in Q3 while Harsh Environment floaters add up the rest. Transocean (RIG) Stock Jumps 52.8% ...
Transocean Ltd. 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.
For drilling stocks like Transocean Ltd (NYSE:RIG), the past few years have shown just how risky the sector can be. RIG stock has dropped 72% in the past five years — and 91% in the last ten.
Numbers can lie -- yet they're the best first step in determining whether a stock is a buy. In this series, we use some carefully chosen metrics to size up a stock's true value based on the ...
The company stands today out as a focused and leading player in the North Atlantic drilling market. Transocean Acquisition. On August 15, 2017, Transocean announced it was acquiring Songa Offshore for US$1.2 billion in cash, and an enterprise value of approximately US$3.4 billion.
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New York Daily News says that Judge Feldman who overturned the moratorium reported owning $15,000 in shares of Transocean Ltd. stock in 2008 and also owned stock in Halliburton. [citation needed] BP removes the containment cap on the blowout preventer after an undersea robot collides with it. The operation halts oil flow to the Discoverer ...
The stock has dropped below $23 after nearing $80 last month as euphoria fades around the stock and the company made moves to clear the way for some investors to sell shares. In energy trading, benchmark U.S. crude shed 47 cents to $84.89 a barrel. Brent crude, the international standard, fell 44 cents to $89.58 a barrel.
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