Transocean announces second quarter 2026 earnings release date
The earnings and fleet status report will be released on August 5, 2026, followed by a teleconference on August 6.
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Offshore drilling contractor
deepwater.comLast updated
In short: Transocean reached a $5.8 billion agreement to acquire Valaris and secured over $1.5 billion in new contracts across India and Norway.
The earnings and fleet status report will be released on August 5, 2026, followed by a teleconference on August 6.
The deal covers three harsh environment rigs for use on the Norwegian shelf, adding over $1 billion in backlog.
The contracts cover five wells for Harbour Energy in Norway and two wells for Santos in Australia, adding backlog.
Contract drilling revenues were $1.08 billion, net income $71 million, and adjusted EBITDA $440 million.
The drilling campaign is scheduled to begin in Q1 2027, with an expected contract value of around...
On August 20, 2026, Transocean Ltd (NYSE: RIG) saw its shares rise 2.7% in pre-market trading...
Transocean announced on Thursday that it had signed a two-year binding Letter of Award for the...
Transocean (RIG) hasn't certified compliance with the Dept. of Justice's second request over its planned $5.8 billion purchase of Valaris (VAL), according to a CTFN...
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