STEINHAUSEN, Switzerland, June 26, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico. The program is expected to commence in direct continuation of the rig’s current program and is estimated to contribute approximately $188 million in backlog, including additional services. About Transocean Transocean is a leading international provider of offshore contract drilling ...

Transocean Ltd. (RIG) has secured new contract extensions for three of its harsh environment semisubmersible rigs — Transocean Spitsbergen, Transocean Norge and Transocean Endurance. The new deals contribute approximately $161 million in firm contract backlog.The Transocean Spitsbergen received a three-well contract extension in Norway from Equinor. The rig has been contracted by Equinor since November 2023. The extension with Equinor should contribute around $72 million in firm backlog, excluding additiona ...

STEINHAUSEN, Switzerland, June 04, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) ("Transocean") today announced contract fixtures for three of its harsh environment semisubmersibles. Together, the fixtures represent approximately $161 million in firm contract backlog. In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor. The program is expected to commence in the fourth quarter of 2025 in direct continuation of the rig's current program and contribute approximatel ...

STEINHAUSEN, Switzerland, June 04, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract fixtures for three of its harsh environment semisubmersibles. Together, the fixtures represent approximately $161 million in firm contract backlog. In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor. The program is expected to commence in the fourth quarter of 2025 in direct continuation of the rig’s current program and contribute approximate ...

It has been about a month since the last earnings report for Transocean (RIG) . Shares have added about 17.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Transocean due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Transocean Q1 Loss Narrower Than Expected, Reve ...

Transocean, Inc. (RIG) reported an adjusted net loss of 3 cents per share in the first quarter of 2024. The figure was narrower than the Zacks Consensus Estimate of a loss of 13 cents per share. RIG’s bottom line also improved from the year-ago period’s reported loss of 38 cents per share. This improvement can be attributed to strong first-quarter performance of RIG's Ultra-deepwater floaters segment.The offshore drilling powerhouse’s total adjusted revenues of $767 million missed the Zacks Consensus Estima ...

STEINHAUSEN, Switzerland, May 01, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that its wholly owned and indirect subsidiary, Transocean Titan Financing Limited (the "Company" and, together with Transocean Ltd., "Transocean"), is soliciting consents ("Consents" and, such solicitation being referred to herein as, the "Consent Solicitation") from holders (the "Holders") of its outstanding 8.375% Senior Secured Notes due 2028 (the "Notes") as of 5:00 p.m. New York City time, on April 29, ...

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 001-38373 Transocean Ltd. (Exact name of registrant as specified in its charter) Switzerland 98-059991 ...

Transocean Ltd. (NYSE:RIG) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Alison Johnson - Director, IR Jeremy Thigpen - CEO Keelan Adamson - President and COO Mark Mey - EVP and CFO Roddie Mackenzie - EVP and CCO Conference Call Participants Kurt Hallead - Benchmark Eddie Kim - Barclays Doug Becker - Capital One Fredrik Stene - Clarkson Securities Arun Jayaram - JPMorgan David Smith - Pickering Energy Partners Operator Good day, everyone, and welcome to today's Q1 2024 Tran ...

Transocean (RIG) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 76.92%. A quarter ago, it was expected that this offshore oil and gas drilling contractor would post a loss of $0.22 per share when it actually produced a loss of $0.09, delivering a surprise of 59.09%.Over the last four quarter ...