Transocean Inc. (RIG) Company Profile
Transocean Ltd. provides offshore contract drilling services for oil and gas wells worldwide. It offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services. The company also offers well and logistics services. In addition, it engages in oil and gas exploration, development, and production activities primarily in the United States offshore Louisiana and Texas, and in the United Kingdom sector of the North Sea. As of February 10, 2011, the company owned, had partial ownership interests in, and operated 138 mobile offshore drilling units, including 47 high-specification floaters, 25 midwater floaters, 9 high-specification jackups, 54 standard jackups, and 3 other rigs, as well as 1 ultra-deepwater floater and 3 high-specification jackups under construction. Transocean Ltd. was founded in 1953 and is based in Zug, Switzerland.
News about RIG
Binance Could Move to Malta for Its Friendlier Crypto Environment
After receiving warnings from Japanese regulators, crypto exchange Binance may now move to Malta, according to CoinTelegraph.com. Binance CEO Changpeng Zhao (CZ) said that he had been invited to Malta by the government in to look at the nati...Read More>>>
Revisiting the "Oil Vega"
Dr. Kent MoorsA few years ago, in one of my books ("The Vega Factor"), I coined a phrase to explain the new way in which oil pricing was unfolding, along with the uncertainty resulting from it. Then, the market was facing rising crude toppin...Read More>>>
The 3 Top REITs with Yields All Over 3% to Buy Now
REITs are powerhouse investments, providing shareholders with large dividend payouts on top of long-term stock price gains. Take CoreSite Realty Corp. (NYSE: COR), for example. The stock price not only climbed 43.66% from 2017 to 2018, but i...Read More>>>
This One Company Is Leading the "War on Pain"
Today, Money Morning Executive Editor – and champion stock picker – Bill Patalon is sharing with you a very personal story… one that may hit home for a lot of viewers. I'm talking about the "War on Pain." This story is abou...Read More>>>
Here's the Best Tariff Stock to Buy as Trump Punishes Steel Imports
U.S. President Donald Trump's new tariffs on imported steel and aluminum are creating tremendous profit opportunities in steel and aluminum stocks. However, the best tariff stock to buy isn't in the steel or aluminum industry – it's a ...Read More>>>