Transocean

Zug, Switzerland Founded: 1953 • Age: 73 yrs
Offshore drilling services are provided to global energy clients.
Annual revenue $3.5B Latest available
Total funding - 5 rounds
Employees 5800 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Transocean

Transocean is a company based in Zug (Switzerland) founded in 1953. The company has 5,800 employees as of December 31, 2024. Transocean has completed 2 acquisitions, including Aker Drilling and Songa Offshore. Transocean offers products and services including Offshore Drilling Services and Fleet Management Services.

  • Headquarter Zug, Switzerland
  • Employees 5800 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Transocean Ltd (Switzerland)
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.52 B (USD)
    24.44
    as on Dec 31, 2024
  • Net Profit
    -$512 M (USD)
    46.33
    as on Dec 31, 2024
  • EBITDA
    $1.11 B (USD)
    56.82
    as on Dec 31, 2024
  • Latest Funding Round
    $1.36 B (USD), Debt – Conventional

    May 14, 2019

  • Investors
  • Employee Count
    5800

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Transocean

Transocean is a publicly listed company on the NYSE with ticker symbol RIG in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: RIG · Sector: Industrial services · USA

Products & Services of Transocean

Transocean offers a comprehensive portfolio of products and services, including Offshore Drilling Services and Fleet Management Services.

Product name locked
Category locked
Primary

Drilling services are offered in deepwater and harsh environments to meet customer requirements for well drilling.

Product name locked
Category locked
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Rig fleets are managed for global operations, including ultra-deepwater and harsh-environment assets.

People of Transocean

Headcount 5000-10000
Employee Profiles 266
Board Members and Advisors 10
Employee Profiles
People
Brady Long
EVP & Chief Legal Officer
People
Jess Richards
SVP, Operations
People
Jeremy D. Thigpen
CEO
People
Betsy Samuels
Senior Auditor

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Board Members and Advisors
people
Frederik W. Mohn
Member Of The Board Of Directors
people
Glyn A. Barker
Director
people
Vanessa C.l. Chang
Board Member
people
Margareth Øvrum
Board Member

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Funding Insights of Transocean

Investors in Transocean

Transocean has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Granite Investment Advisors and MEAG.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Clean energy investments are managed diversely through funds by MEAG.
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-
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Investor details for Transocean

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Transocean

Transocean has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aker Drilling and Songa Offshore.

Investments
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Investment portfolio details for Transocean

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Drilling rig provider for harsh environments and ultra-deep water drilling
Locked Locked 2005 Locked
Offshore drilling services are provided internationally by Songa Offshore.
Locked Locked 2005 Locked
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Complete acquisition details for Transocean

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Transocean

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Detailed financials for Transocean

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  • Profit trends
  • Statement rows
  • Financial ratios

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Transocean Comparisons

Transocean Primary company
Description
Offshore drilling services are provided to global energy cli...
Location
Zug, Switzerland
Founded Year
1953
Annual Revenue
$3.52 B (USD)
Net Profit
-$512 M (USD)
EBITDA
$1.11 B (USD)
Employees
5,800
As of 2024
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Peer comparison for Transocean

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Competitors of Transocean

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Detailed competitors of Transocean

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Latest news on Transocean

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Complete news archive for Transocean

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Transocean

Transocean was founded in 1953 and raised its 1st funding round 63 years after it was founded.

Transocean is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.

As of Dec 31, 2024, the latest employee count at Transocean is 5,800.

Annual revenue of Transocean is $3.52B as on Dec 31, 2024.

Transocean was founded in 1953 and is headquartered in Zug, Switzerland. Offshore drilling contracts are managed in the energy sector, with a focus on deepwater operations. Advanced rigs are deployed worldwide to support oil and gas exploration and production for various clients. Services encompass drilling in challenging marine environments, utilizing specialized equipment across international waters.

Transocean offers Offshore Drilling Services and Fleet Management Services.

Yes, Transocean is publicly traded on NYSE under the ticker symbol RIG.

Transocean has made 2 acquisitions, including Aker Drilling, and Songa Offshore.

Transocean has 2 investors. Key investors include Granite Investment Advisors, and MEAG.

The ticker symbol of Transocean is RIG on NYSE.

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