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Transocean Ltd ($RIG)

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RIG Overview

Transocean, together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide.The company primarily offers drilling rigs, related equipment, and work crews; and ultra-deepwater and harsh environment drilling services. As of February 12, 2020, it owned or had partial ownership interests in and operated a fleet of 45 mobile offshore drilling units that consist of 28 ultra-deepwater floaters, 14 harsh environment floaters, and 3 midwater floaters.The company serves integrated oil companies or their affiliates, as well as government-controlled oil companies and independent oil companies. Transocean Ltd.is based in Steinhausen, Switzerland. (From: StockAnalysis.com)

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