Therefore, for investors, the commencement of this drilling operation is of utmost importance as it directly influences Transocean's revenues, earnings and cash flows. As the offshore driller ...

Transocean Ltd. RIG has officially commenced operations for British energy major BP p.l.c. BP in the Gulf of America (formerly the U.S. Gulf of Mexico). This milestone marks the beginning of a ...

The firm owned 219,236 shares of the offshore drilling services provider’s stock after selling 15,140 shares during the quarter. Voya Investment Management LLC’s holdings in Transocean were ...

Transocean Ltd (NYSE:RIG) delivered an adjusted EBITDA of $244 million on $906 million of contract drilling revenues, resulting in an adjusted EBITDA margin of approximately 27%. The company ...

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. Transocean specializes in technically demanding sectors of the global offshore drilling ...

Transocean (NYSE:RIG – Get Free Report) last issued its quarterly earnings results on Monday, February 17th. The offshore drilling services provider reported ($0.09) EPS for the quarter ...

Transocean Ltd.’s RIG semi-submersible drilling rig, Transocean Barents, is making its way to the Neptun Deep project for a 10-well drilling mission, marking a significant phase in Romania’s ...

The company is reportedly discussing a potential merger with Seadrill (SDRL), another player in the offshore drilling scene. This strategic move would solidify Transocean’s growth strategy ...

Meanwhile, Transocean owns or has partial ownership interests in and operates a fleet of 34 mobile offshore drilling units, including of 26 ultra-deepwater floaters. Transocean on Thursday ...

For the second quarter, Transocean saw a sequential increase in contract drilling revenues by $98 million to $861 million, helped by higher rig utilization, it said in a statement July 31.

Switzerland-based drilling contractor Transocean Ltd. (NYSE: RIG), which has its U.S. headquarters in Houston, has announced two long-term contracts in the Gulf of Mexico breaching the $500,000 ...