Transocean Ltd.·Energy

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RIG boosts backlog by $1B with new contracts in Norway and Brazil, strengthening long-term visibility in ultra-deepwater drilling.

SG Americas Securities LLC grew its position in shares of Transocean Ltd. (NYSE: RIG) by 194.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 620,400 shares of the offshore drilling services provider's stock after buying an additional 409,864 shares during the

STEINHAUSEN, Switzerland, April 02, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced awards of a contract for a harsh environment semisubmersible in Norway and contract extensions for two ultra-deepwater drillships in Brazil. In aggregate, the fixtures represent approximately $1.0 billion in incremental firm contract backlog, as follows.

Transocean Ltd. (NYSE: RIG - Get Free Report) saw some unusual options trading activity on Monday. Traders acquired 131,365 put options on the stock. This represents an increase of 199% compared to the average volume of 43,915 put options. Analysts Set New Price Targets Several equities analysts have recently commented on the company. Pareto Securities lowered

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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.
Energy
Oil & Gas Drilling
5,470
1993-05-28
1.38