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Transocean Ltd. (RIG) is an energy company in the petroleum extraction well creation industry, based in Zug, Switzerland, with about 5,220 full-time employees.
It reported revenue of $3.97 billion for fiscal year 2025, and net income of -$2.92 billion. In Q1 2026 (the quarter ended March 31, 2026) revenue was $1.08 billion. United States was its largest region in fiscal year 2025, with 41% of revenue. Its market capitalization was $6.15 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.
Transocean reported $3.97 billion in revenue for fiscal year 2025. In Q1 2026 revenue was $1.08 billion.
United States: 41% of revenue by region in fiscal year 2025, followed by Brazil (22%).
$6.15 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (petroleum extraction well creation) include Noble Corporation plc (NE), Valaris Limited (VAL), Helmerich & Payne, Inc. (HP), Seadrill Limited (SDRL).