43.13 Up +1.71 +4.13%
COMPANY ADDRESS
TRANSOCEAN Ltd.(SWITZERLAND) (NEW)
10 Chemin de Blandonnet
Vernier, 1214
CHE - Map
Phone: +41 229309000
Website
COMPANY INFORMATION
Exchange: New York Stock Exchange
Stock: Transocean Ltd
Industry: Oil & Gas Drilling
Employees: 15,100
DESCRIPTION
Transocean Ltd is a Swiss corporation. The Company together with its subsidiaries is an international provider of offshore contract drilling services for oil and gas wells. The Company’s primary business is to contract its drilling rigs, related equipment and work crews predominantly on a day rate basis to drill oil and gas wells. It specializes in technically demanding regions of the global offshore drilling business with a particular focus on Deepwater and harsh environment drilling services. The Company has two operating segments namely contract drilling services and drilling management services. Its contract drilling services business operates in a single, global market for the provision of contract drilling services. The location of rigs and the allocation of resources to build or upgrade rigs are determined by the activities and needs of customers. The Company’s drilling fleet are characterized as follows; floaters, including drillships and semisubmersibles, and jackups. As of February 18, 2014, Company owned or had partial ownership interests in and operated 79 mobile offshore drilling units associated with continuing operations. As of February 18, 2014, its fleet consisted of 46 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh Environment semisubmersibles and drillships), 22 Midwater Floaters and 11 High-Specification Jackups. At February 18, 2014, Company also had seven Ultra-Deepwater drillships and five High-Specification Jackups under construction or under contract to be constructed. The Company is exempt from cantonal and communal income tax in Switzerland, but is subject to Swiss federal income tax.
DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 8:47 PM ET
RECENT QUOTES
WATCHLIST
You're not signed in
You’re not signed in to MSN Money, so you’re seeing the Watchlist that is tied to your computer. For a more consistent Watchlist experience, sign in to MSN Money. Learn more
SYMBOL
LAST
CHANGE
SHARES
Quotes delayed at least 15 min
Sponsored by:
MARKET UPDATE
[BRIEFING.COM] The Nasdaq Composite (+0.5%) and S&P 500 (+0.2%) posted modest gains on Thursday, but not before enduring a morning dip into the red, which took place in reaction to reports indicating Russia has commenced military exercises on the Ukr ... More
Sponsored by: