Transocean Ltd - Company Profile
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Transocean Ltd (Transocean) is a provider of offshore contract drilling services to the oil and gas sector. It specializes in the technically demanding regions of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services. The company’s fleet consists of different types of floaters, including ultra-deepwater, harsh environment, deepwater and midwater, and high-specification jackups. Its customer base includes international, government and independent oil companies. It offers services to customers in North America, South America, Europe, and other regions. Transocean is headquartered in Steinhausen, Zug, Switzerland.
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Products and Services
Services |
---|
Offshore Contract Drilling Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company secured a US$195 million contract extension with an independent operator for Deepwater Asgard. |
2023 | Contracts/Agreements | In December, the company secured a minimum 540-day contract from OMV Petrom S.A for the Transocean Barents in the Romanian Black Sea. |
2023 | Plans/Strategy | In September, the company announced its plans to acquire the outstanding stake in Liquila Ventures Ltd. |
Competitor Comparison
Key Parameters | Transocean Ltd | Noble Corporation | Valaris Ltd | Seadrill Ltd | Diamond Offshore Drilling Inc |
---|---|---|---|---|---|
Headquarters | Switzerland | United States of America | Bermuda | Bermuda | United States of America |
City | Steinhausen | Sugar Land | Hamilton | Hamilton | Houston |
State/Province | Zug | Texas | - | - | Texas |
No. of Employees | 5,800 | 3,600 | 5,985 | 2,505 | 2,140 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Chadwick C. Deaton | Chairman | Executive Board | 2019 | 70 |
Jeremy D. Thigpen | Chief Executive Officer; President; Director | Executive Board | 2015 | 48 |
Mark L. Mey | Executive Vice President; Chief Financial Officer | Senior Management | 2015 | 59 |
Keelan I. Adamson | President; Chief Operating Officer | Senior Management | 2018 | 53 |
David A. Tonnel | Chief Accounting Officer; Senior Vice President - Finance | Senior Management | 2017 | 53 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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