Summary: Transocean’s Atlas rig has breached the $500k/d mark with a contracted dayrate of $505k/d.
Summary: Leading offshore driller Transocean reported underwhelming Q1/2024 results with contract drilling revenues coming in
Summary: Increased oil prices have caused a swing in sentiment for most offshore drillers over
Summary: Transocean’s revenue and backlog are growing, and debt is under control, but it’s too
Summary: Transocean’s Q4 results showed an increase in average day rates and revenue, but also
Summary: Leading offshore driller Transocean Ltd. reported slightly weaker-than-expected Q4 2023 results and issued disappointing
Summary: Strengthening the balance sheet is a top priority for the company. Deleveraging efforts have
Summary: Transocean is a highly leveraged bet on expansion in offshore activity, due to both
Summary: Offshore contract drillers are seeing a favorable business climate as the price of Brent
Summary: Transocean LTD. has a strong balance sheet, with net property and equipment assets that