Transocean

Zug, Switzerland Founded: 1953 • Age: 73 yrs Listed
Offshore drilling services are provided to global energy clients.

About Transocean

Transocean is a publicly listed company based in Zug (Switzerland) founded in 1953. Offshore drilling services are provided to global energy clients. The company has 5,800 employees. Transocean has completed 2 acquisitions, including Aker Drilling and Songa Offshore. Its website deepwater.com draws about 137 thousand monthly visits. Transocean offers products and services including Offshore Drilling Services and Fleet Management Services. Its focus areas include Energy and Oilfield Services. Its legal entity is Transocean Ltd.

Company details

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.

  • Headquarters Zug, Switzerland
  • Employees 5,800
  • Stage Public
  • Sectors
    Energy & Utilities
  • Website category Heavy Industry and Engineering · Energy Industry
  • Website deepwater.com
  • Social LinkedIn Facebook
  • Legal Name Transocean Ltd (Switzerland)
Key Metrics
  • Annual Revenue
    $3.96 B (USD)
    12.51
    as on Dec 31, 2025
  • Net Profit
    -$2.92 B (USD)
    -469.34
    as on Dec 31, 2025
  • EBITDA
    $1.36 B (USD)
    22.33
    as on Dec 31, 2025
  • Latest Funding Round
    $1.36B (USD), Debt – Conventional

    May 2019

  • Investors
  • Employee Count
    5,800
  • Investments & Acquisitions

Products & Services of Transocean

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

Offshore Drilling Services
Energy Services

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

Fleet Management Services
Operational Services

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

Funding Insights of Transocean

  • Total Rounds 5
  • Last Round Debt – Conventional β€” $1.36B
  • First Round $600M

    (Oct 2016)

  • Investors Count 2

All 5 funding rounds of Transocean with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019$1.36BDebt – Conventional––
–
Jun 2017$743,000Post-IPO––
Nov 2016$625MDebt – Conventional––
–
Oct 2016$10.71MPost-IPO––
Oct 2016$600MDebt – Conventional––
–
Valuation history

2 investors in total: 2 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Clean energy investments are managed diversely through funds by MEAG.
meag.comMunich, Germany
graniteinvestmentadvisors.com
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Investor details for Transocean

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People of Transocean

276 people are tracked at Transocean (56 in leadership, 10 in board & advisors, 210 in team); the tracked headcount is 5,800.

NameRoleGroup
Brady Long
EVP & Chief Legal OfficerLeadership
Jeremy D. Thigpen
CEOLeadership
Cyril de la Rochefordière
Director Of FinanceLeadership
Josselin Gere
Vice President Marketing (sales) And ContractLeadership
Kindell Allen
Chief MateLeadership
Paul King
Vice President, OperationsLeadership
Jeremy Fields
Chief MateLeadership
Keelan Adamson
President & COOLeadership
Jean-Paul Buisine
Vice President Supply ChainLeadership
Alison Johnson
Director, Investor RelationsLeadership
Michael K.
Head Of Marine Operations, Asia,pacific,australiaLeadership
Knut Vavik
Operation DirectorLeadership
Tony Johnson
Corporate Director, Operational Integrity & Qms, (qhse)Leadership
Daniel Haslam
Vp, Hse, Operational Integrity & AssuranceLeadership
Garry Taylor
Assistant Controller And Global Finance DirectorLeadership
Roddie Mackenzie
EVP & Chief Commercial OfficerLeadership
Zachary Comer
Chief MateLeadership
Navin Sarda
Director, Global TaxLeadership
James Taylor
Director, Global Tax ReportingLeadership
Shawn Vigeant
Head Of Global Customer Engagement And Industry RelationsLeadership

256 more people are available in the full profile.

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Complete people profiles for Transocean

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  • Team structure
  • Board tenure
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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.

  • IPO date15 Jan 2018
  • Listed onLSE: 0QOW
  • Listed entityTransocean Ltd (Switzerland)
  • Exchange sectorIndustrial services
  • ISINCH0048265513
  • Share price$5.65 (+0.89% on the day) · 2026-10-13
  • Market capitalisation$6.31B
  • EPS (diluted, trailing year)$-1.77
  • Volume (last session)37,569,505

Financials of Transocean

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$3.96B-$2.92B$1.36B
2024$3.52B-$512.0M$1.11B
2023$2.83B-$954.0M$711.0M
2022$2.58B-$621.0M$831.0M
2021$2.56B-$592.0M$912.0M
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Detailed financial statements for Transocean

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Offshore drilling services are provided internationally by Songa Offshore.
songaoffshore.comLimassol, Cyprus2005Jan 2018$3.4B
Drilling rig provider for harsh environments and ultra-deep water drilling
akerdrill.comStavanger, Norway2005Oct 2011β€’β€’β€’β€’
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Complete acquisition details for Transocean

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
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  • Exports

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Timeline of Transocean

6 dated milestones of Transocean across 66 years, from founding to its latest funding, stage changes and deals.

  1. Founded Transocean is founded.
  2. Acquisition Acquires Aker Drilling.
  3. Funding First funding round of $600.0M.
  4. IPO Lists on the stock exchange (IPO).
  5. Acquisition Acquires Songa Offshore.
  6. Funding Latest funding round, Debt – Conventional, of $1.4B.

Web traffic of Transocean

The website of Transocean (deepwater.com) receives about 137K visits a month and ranks #245,489 among all websites worldwide, #2,527 in Energy Industry.

  • Monthly visits
    137K

    ▼ 4.1% vs previous month

  • Unique visitors
    27K

    per month

  • Global rank
    #245,489

    among all websites

  • Category rank
    #2,527

    Heavy Industry and Engineering · Energy Industry

Similar websites

Websites whose visitors overlap most with Transocean. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
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weatherford.com
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atwd.com
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nabors.com
95%
132.4K#311,609View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 38 similar websites and full traffic analytics for Transocean

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Related news about Transocean

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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.

Transocean has 5,800 employees.

Annual revenue of Transocean is $3.96B as on Dec 31, 2025.

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.

Transocean operates through Transocean Ltd..

The website of Transocean receives about 137 thousand visits a month and ranks #245,489 among all websites worldwide.

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