Transocean Ltd. rig / ALGO Stock
This company operates as a leading international provider of offshore drilling services. It owns and operates one of the world's largest and most modern fleets of offshore drilling rigs, including ultra-deepwater and harsh environment semisubmersibles and drillships. Their services are crucial for the exploration and production of oil and gas reserves located in deep and ultra-deepwater environments globally. The company's primary business involves contracting its drilling rigs and associated services to oil and gas companies. These services are essential for accessing offshore hydrocarbon resources, often in challenging and remote locations. Its market position is defined by its extensive fleet, technological capabilities, and operational expertise in a highly specialized and capital-intensive industry. The company plays a vital role in the upstream segment of the oil and gas sector, enabling the extraction of significant energy reserves.
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Volume: 2026-02-11
Aggregate Volume: 203 Days
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