Business mix
- The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.
- It also operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment semisubmersibles.
- It serves integrated energy companies and their affiliates, government-owned or government-controlled energy companies, and other independent energy companies.
- Transocean Ltd. was founded in 1926 and is based in Zug, Switzerland.
Current key questions
- How sensitive are revenue and cash flow to commodity prices, production volumes, and demand in oil & gas drilling?
- Can capital spending, reserves, decline rates, and operating costs support durable free cash flow?
- Do balance-sheet discipline and shareholder returns remain resilient across the energy cycle?