Africa is at last starting to generate the opportunity set that the global deepwater drilling contractors have been waiting ...

The stock of offshore oil drilling specialist Transocean (NYSE: RIG) wasn't exactly a hot item on the market Tuesday. The company's latest quarterly earnings report was published after market ...

Transocean had a negative return on ... It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore ...

In its latest earnings release, Transocean Ltd. (NYSE:RIG) said it swung to a net loss of $79 million from a net income of $98 million in the same period a year earlier, despite contract drilling ...

STEINHAUSEN, Switzerland (AP) — STEINHAUSEN, Switzerland (AP) — Transocean Ltd. (RIG ... The offshore oil and gas drilling contractor posted revenue of $906 million in the period, also ...

Transocean makes money by providing drilling services for oil and gas companies. It rents out specialized offshore drilling rigs, equipment and workers to help these companies drill wells in the ...

Transocean reports first-quarter losses of ... beating the consensus estimate of $885.7 million. Contract drilling revenues for the quarter decreased sequentially by $46 million to $906 million.

and I can assure you that Keelan possesses a comprehensive understanding of the offshore drilling business and Transocean. Importantly, he recognizes and appreciates the challenges that we ...

Transocean's first-quarter figures were topped by a revenue line of $906 million, representing a nearly 5% year-over-year ...