Transocean Ltd - Company Profile
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Transocean Ltd (Transocean) is a provider of offshore contract drilling services to the oil and gas industry. A diverse fleet of rigs and presence in major markets has strengthened the company’s operations, even as, dependence on a limited number of customers for major portion of revenue remains a cause for concern. Whereas an increase in the consumption of liquid fuel, new contracts and increasing upstream investments could provide the company with growth opportunities. However, fluctuations in oil and gas prices, stiff competition and regulations could affect its operations.
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