Transocean Ltd - Company Profile
Powered by 
All the data and insights you need on Transocean Ltd in one report.
$295
- Save hours of research time and resources with
our up-to-date Transocean Ltd Strategy Report
- Understand Transocean Ltd position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Related keylists
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.
Headquarters
Switzerland
Address
Turmstrasse 30, Steinhausen, Zug, 6312
Website
www.deepwater.com
Telephone
41 41 7490500
No of Employees
5,800
Industry
Energy and Utilities
Ticker Symbol & Exchange
RIG (NYSE)
Revenue (2022)
$2.8B
10%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-53.6%
(2022 vs 2021)
Market Cap*
$5.1B
Net Profit Margin (2022)
XYZ
-39.7%
(2022 vs 2021)
* As of and is in US$
Transocean Ltd premium industry data and analytics
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 | 5,450 | 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 | Director; President; Chief Executive Officer | Executive Board | 2015 | 48 |
| Mark L. Mey | Chief Financial Officer; Executive Vice President | Senior Management | 2015 | 59 |
| Keelan I. Adamson | Chief Operating Officer; President | Senior Management | 2018 | 53 |
| David A. Tonnel | Senior Vice President - Finance; Chief Accounting Officer | 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 |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward