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
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Transocean Ltd (Switzerland)
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Annual Revenue
$3.52 B (USD)24.44as on Dec 31, 2024
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Net Profit
-$512 M (USD)46.33as on Dec 31, 2024
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EBITDA
$1.11 B (USD)56.82as on Dec 31, 2024
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Latest Funding Round
$1.36 B (USD), Debt – Conventional
May 14, 2019
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Investors
Granite Investment Advisors
& 1 more
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Employee Count
5800
as on Dec 31, 2024
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Investments & Acquisitions
Aker Drilling
& 1 more
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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.
Products & Services of Transocean
Transocean offers a comprehensive portfolio of products and services, including Offshore Drilling Services and Fleet Management Services.
Drilling services are offered in deepwater and harsh environments to meet customer requirements for well drilling.
Rig fleets are managed for global operations, including ultra-deepwater and harsh-environment assets.
People of Transocean
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Software Development Team
45 people
Leadership Team
31 people
Finance and Accounting
26 people
Operations Team
20 people
Senior Team
17 people
Human Resources and Administration
16 people
Sales and Marketing
13 people
Legal and Compliance
8 people
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Funding Insights of Transocean
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $1.4B
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First Round
First Round
(01 Oct 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Debt – Conventional - Transocean | Valuation |
investors |
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| Jun, 2017 | Amount | Post-IPO - Transocean | Valuation |
investors |
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| Nov, 2016 | Amount | Debt – Conventional - Transocean | Valuation |
investors |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Clean energy investments are managed diversely through funds by MEAG.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
Investments & Acquisitions by Transocean
Transocean has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aker Drilling and Songa Offshore.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Drilling rig provider for harsh environments and ultra-deep water drilling
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2005 | ||||
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Offshore drilling services are provided internationally by Songa Offshore.
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2005 |
Financial Statements - Transocean
Transocean Comparisons
Competitors of Transocean
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.