Brazilian federal prosecutors are suing Transocean Ltd and Chevron Corp for 20 billion Reais (10.6 billion dollars) in environmental and social damages and asked a court to suspend their ...

In addition to the Sedco 706 drill platform working for Chevron, Transocean has nine other billion-dollar-plus rigs working in Brazil. Each earns hundreds of thousands of dollars a day in lease fees.

Q4 2024 Management View CEO Jeremy Thigpen highlighted strong financial results for Q4 2024, reporting adjusted EBITDA of $323 million on adjusted drilling revenues of $952 million, with an EBITDA ...

The company is seeing significant interest in its services, particularly in regions such as the Gulf of Mexico, Africa, and Brazil. In the Gulf of Mexico, Transocean Ltd. (NYSE:RIG) is expecting ...