Transocean Ltd., founded in 1973, is the world's largest offshore drilling contractor based on revenue. Headquartered in Vernier, Switzerland, the company specializes in the lease and operation of semi-submersible and jack-up drilling rigs. With a presence in 20 countries, including the United States, Norway, and Brazil, Transocean focuses on providing oilfield services and offshore drilling equipment to major energy companies globally.
Transocean has achieved significant milestones, including securing substantial contract extensions and options for its harsh environment semisubmersibles. The company is publicly traded on the NYSE under the ticker RIG. Key leaders include President and CEO Jeremy D. Thigpen and Chairman Merrill A. Miller, Jr. Transocean's impact on the offshore drilling industry is underscored by its extensive global operations and consistent financial performance.