RIG 📈 Transocean - Overview

Transocean Ltd. is a leading provider of offshore contract drilling services, operating a diverse fleet of mobile offshore drilling units that cater to the needs of oil and gas companies worldwide. The company's services include contracting mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells, with a focus on ultra-deepwater and harsh environment operations. This enables Transocean to support a wide range of drilling projects, from exploration to production, in various water depths and geological conditions.

The company's client base comprises a mix of integrated energy companies, government-owned or government-controlled energy companies, and independent energy companies, providing a balanced revenue stream and reducing dependence on a single customer segment. With a history dating back to 1926, Transocean has established itself as a reliable and experienced partner in the offshore drilling industry, with a strong track record of delivering high-quality services and supporting the growth of the global energy sector. Its operations are managed from its headquarters in Steinhausen, Switzerland, and the company is listed on the New York Stock Exchange under the ticker symbol RIG.

Transocean's fleet of mobile offshore drilling units is designed to meet the demanding requirements of offshore drilling operations, with a focus on safety, efficiency, and environmental sustainability. The company's ultra-deepwater floaters and harsh environment floaters are equipped with advanced technology and crewed by experienced personnel, enabling Transocean to operate in a wide range of environments and conditions. As a publicly traded company, Transocean's common stock is listed under the ISIN CH0048265513, and it is classified under the GICS Sub Industry: Oil & Gas Drilling, providing investors with a clear understanding of its business activities and sector classification.