Name | Value |
---|---|
Revenues | 713.0M |
Cost of Revenue | 192.0M |
Gross Profit | 521.0M |
Operating Expense | 568.0M |
Operating I/L | -55.0M |
Other Income/Expense | -208.0M |
Interest Income | 12.0M |
Pretax | -263.0M |
Income Tax Expense | -43.0M |
Net Income/Loss | -220.0M |
Transocean Ltd. provides offshore contract drilling services for oil and gas wells globally. The company offers its fleet of 37 mobile offshore drilling units, including ultra-deep water and harsh environment floaters, to drill oil and gas wells for integrated energy companies, government-owned or government-controlled oil companies, and independent energy companies. Its primary revenue stream comes from contracting its mobile offshore drilling rigs, related equipment, and work crews to conduct drilling operations for its clients in various offshore locations.