Transocean Ltd. rig / TAO Stock
This company operates as a global leader in offshore contract drilling services for oil and gas companies. Its core business involves providing drilling rigs and associated services to explore and produce hydrocarbons from beneath the seabed. The fleet comprises a diverse range of ultra-deepwater and harsh-environment drilling rigs, including semi-submersibles and drillships. These advanced vessels are essential for accessing challenging offshore reserves. The industry is characterized by significant capital investment and cyclical demand tied to energy prices and exploration activity. As one of the largest offshore drilling contractors worldwide, it plays a crucial role in the upstream segment of the oil and gas value chain, enabling exploration and production in some of the world's most demanding environments.
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Volume: 2026-02-11
Aggregate Volume: 203 Days
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