Transocean Ltd.

Headquarters: Steinhausen, Switzerland

Founded: 1973

Employees: 5,000

CEO: Mr. Jeremy D. Thigpen

show_chart NYSE: RIG -0.65%

Market Cap

$3.32 Billion

USD as of Jan. 1, 2023

history Market Cap History

Transocean Ltd. market capitalization over time

Evolution of Transocean Ltd. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Transocean Ltd.

Detailed Description

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

Stocks & Indices

Transocean Ltd. has the following listings and related stock indices.

Stock: NYSE: RIG

Product & Services

Lease and operation of semi-submersible and jack-up drilling rigs and drillships

Key People

Jeremy D. Thigpen, President & CEO Merrill A. Miller, Jr., Chairman Mark L. Mey, CFO Keelan Adamson, COO


Revenue: US$3.088 billion (2019) US$3.018 billion (2018)

Operating income: −US$721 million (2019)

Net income: −US$1.257 billion (2019)

Total assets: US$24.105 billion (2019)

Total equity: US$11.867 billion (2019)



Turmstrasse 30

Steinhausen, 6312


Phone: 41 41 749 0500