Transocean (NYSE:RIG) is a leading offshore contract drilling company specializing in the operation of mobile offshore drilling units (MODUs) for the exploration and production of oil and gas. The company’s fleet includes ultra-deepwater drillships, harsh-environment semi-submersibles and midwater semisubmersibles designed to perform drilling services in some of the world’s most challenging offshore regions. Transocean’s core activities encompass well construction, platform drilling, directional drilling and project management, with an emphasis on high-specification operations.
With an emphasis on technological innovation, Transocean deploys advanced drilling systems, managed-pressure drilling techniques and well-control solutions to optimize safety and efficiency. The company’s vessels are equipped with dynamic positioning, deepwater riser and blowout preventer systems, enabling precision drilling at water depths exceeding 10,000 feet. Maintenance, inspection and integrity services further support client operations throughout the life cycle of drilling projects.
Founded through the 2007 merger of transocean Sedco Forex and R&B Falcon, Transocean traces its roots to the offshore pioneers of the 1950s. Headquartered in Vernier, Switzerland, with operational offices in Houston, the company serves major energy producers across the Gulf of Mexico, Brazil, West Africa, the North Sea and the Asia Pacific region. Transocean’s heritage of global presence and deepwater expertise positions it as a strategic partner for offshore explorers and producers.
Transocean is governed by a board of directors and led by an experienced executive management team that focuses on operational excellence, industry-leading safety standards and environmental stewardship. The company’s commitment to continuous improvement, workforce training and sustainable drilling practices underscores its role as a trusted provider of offshore drilling solutions.
