The offshore drilling market has faced challenges, but recent data shows potential improvement, warranting a 'Hold' rating due to continued backlog issues. Transocean's revenue rose 28.5% ...
ConocoPhillips recently announced that it has commenced drilling the Essington-1 exploration well offshore Australia using a Transocean rig, targeting substantial natural gas resources as part of the ...
Transocean's third-quarter results outperformed management's projections across the board. Adjusted EBITDA of $397 million and Adjusted EBITDA margin of 38.7% represented new multi-year highs. On the ...
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