Overall company Market Share Q3 2024 |
*Market share is calculated based on total revenue.
News about Transocean ltd Contracts |
September 10, 2024
'Transocean Secures Major Contract with BP for Deepwater Atlas: A $232 Million Boost for Gulf of Mexico Operations'In a significant advancement within the offshore drilling sector, Transocean Ltd. has announced a landmark contract that underscores its strategic role in the energy industry. On September 10, 2024, the Switzerland-based company revealed a 365-day contract for its ultra-deepwater drillship, the 'Deepwater Atlas', with BP in the U.S. Gulf of Mexico.This lucrative contract is expected to commence in the second quarter of 2028, reflecting a growing confidence in Transocean?s ability to meet the intricate demands of deepwater drilling for major energy players. With an estimated contribution of appro...
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September 4, 2024
Transocean Ltd. has announced a significant new contract, enhancing its position in the offshore drilling sector. The company, headquartered in Steinhausen, Switzerland, revealed on September 4, 2024, that Reliance Industries Limited has awarded a binding Letter of Award for the ultra-deepwater drillship, 'Dhirubhai Deepwater KG1'. The contract entails a comprehensive program involving drilling operations on six wells located offshore India.The anticipated drilling program is projected to span approximately 300 days, with operations set to commence in the second quarter of 2026. This major contract is expected to add around $123 million to Transocean?s backlog, excluding any additional operational services a...
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July 31, 2024
Transocean Ltd., a leading offshore drilling contractor based in Steinhausen, Switzerland, has announced a significant contract with BP for its ultra-deepwater drillship, the Deepwater Invictus. The contract, valued at approximately $531 million, spans 1,095 days and is set to commence in the first quarter of 2025. This agreement not only reinforces Transocean's position in the offshore drilling sector but also highlights the increasing activity in the U.S. Gulf of Mexico.The Deepwater Invictus contract adds to Transocean's existing financial stability, contributing substantial backlog, which does not include potential additional services and a mobilization fee. The firm backlog indicates ongoing confidence ...
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July 24, 2024
Transocean Ltd Demonstrates Strong Quarterly Performance and Gains Market Share in the Oil and Gas IndustryTransocean Ltd, a leading offshore drilling contractor, has recently released its quarterly Fleet Status Report, providing an overview of the company's current fleet and contract information. The report also highlights impressive financial results, showcasing Transocean's revenue growth and profitability compared to its competitors in the first quarter of 2024.In the first quarter of 2024, Transocean Ltd reported a remarkable revenue increase of 17.57% year on year. This growth surpassed the average revenue growth of its competitors, which stood at 12.02% during the same period. The substantial revenue ...
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April 17, 2024
Transocean...
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Publicly Traded Peers of Transocean ltd
Diamond Offshore Drilling Inc Share Performance
-5.54%
This Quarter
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Diamond Offshore Drilling Inc
Profile
Diamond Offshore Drilling Inc's business model revolves around providing offshore drilling services and solutions to the global oil and gas industry.
More about Diamond Offshore Drilling Inc 's Market Share
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Nabors Industries Ltd Share Performance
-1.18%
Over The Past 5 Days
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Nabors Industries Ltd
Profile
Nabors Industries Ltd operates as a global provider of drilling and drilling-related services for the oil and gas industry. The company offers a comprehensive range of drilling solutions, including drilling rigs, equipment, and software technologies, as well as services such as wellbore placement, reservoir navigation, and rig management. Nabors' business model involves serving oil and gas companies by delivering efficient drilling solutions that maximize productivity and optimize cost-effectiveness in various drilling operations worldwide.
More about Nabors Industries Ltd's Market Share
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Noble Corporation Plc Share Performance
-32.27%
This Quarter
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Noble Corporation Plc
Profile
Noble Corporation Plc operates in the offshore drilling industry, providing contract drilling services for oil and gas companies worldwide.
More about Noble Corporation Plc's Market Share
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Halliburton Company Share Performance
-31.81%
One Year
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Halliburton Company
Profile
Halliburton Companys business model focuses on delivering comprehensive solutions and innovative technologies for the oil and gas industry, encompassing a wide range of services from exploration and drilling to production and asset management. By leveraging its expertise and advanced technologies, Halliburton aims to enhance operational efficiency and optimize resource extraction for clients across the globe.
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Nov Inc Share Performance
-1.43%
Over The Past 5 Days
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Nov Inc
Profile
Nov Inc operates as a software development company, offering innovative solutions to enhance business operations. Their business model focuses on selling software products and services, generating revenue through sales, licensing, and subscription fees.
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Loews Corp Share Performance
+12.50%
This Year
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Loews Corp
Profile
Loews Corp operates as a diversified holding company with a focus on three main business sectors: insurance through its subsidiary CNA Financial, energy through its involvement in offshore oil and gas drilling via Loews Oil & Gas, and hospitality through its ownership and operation of the Loews Hotels brand. The company leverages synergies between its business units, aiming for diversified revenue streams and risk management. By maintaining a strong balance sheet and investing in strategic growth opportunities, Loews Corp seeks to maximize value for its shareholders.
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Dover Corp Share Performance
-1.74%
Over The Past 5 Days
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Dover Corp
Profile
Dover Corporations business model focuses on delivering specialized products and solutions across multiple industries, leveraging its diverse operating segments to meet customer needs and drive innovation.
More about Dover Corp's Market Share
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Helmerich and Payne inc Share Performance
-9.53%
This Year
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Helmerich and Payne inc
Profile
Helmerich and Payne Inc. is a contract drilling company that operates primarily in the oil and gas industry. Their business model focuses on providing drilling services through the use of technologically advanced rigs and equipment. They generate revenue by entering into long-term contracts with exploration and production companies, offering drilling services from exploration to production phases.
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Schlumberger Limited Share Performance
-14.79%
This Quarter
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Schlumberger Limited
Profile
Schlumberger Limiteds business model revolves around providing advanced technologies and services to the oil and gas sector. They focus on enhancing exploration, development, production, and reservoir management through innovation and specialized expertise, serving a global client base in the energy industry.
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Baker Hughes Company Share Performance
+12.23%
This Year
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Baker Hughes Company
Profile
Baker Hughes Company is a multinational energy technology firm that supplies equipment, services, and digital solutions across the oil and gas industry. Their business model encompasses the upstream, midstream, and downstream sectors, offering products for exploration, drilling, completion, and production activities.
More about Baker Hughes Company's Market Share
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Matson inc Share Performance
+16.19%
Over The Past 5 Days
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Matson inc
Profile
Matson Inc operates as a transportation company that specializes in ocean cargo. It provides shipping services to various industries by owning and operating a fleet of containerships and logistics services, ensuring efficient transportation of goods across the Pacific.
More about Matson inc 's Market Share
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Newpark Resources Inc Share Performance
-8.26%
One Year
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Newpark Resources Inc
Profile
Newpark Resources Inc operates as an oil and gas industry supplier, providing innovative products, services, and solutions to enhance drilling operations and environmental protection.
More about Newpark Resources Inc 's Market Share
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Oil States International Inc Share Performance
-29.51%
This Year
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Oil States International Inc
Profile
Oil States International Inc operates as a global provider of services and products to the oil and gas industry. Their business model revolves around offering a comprehensive range of integrated solutions and equipment across various stages of the oil and gas lifecycle. These solutions include well site services, offshore products, and tubular services, catering to exploration, production, and infrastructure needs of their customers worldwide.
More about Oil States International Inc's Market Share
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Barnwell Industries inc Share Performance
-23.69%
One Year
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Barnwell Industries inc
Profile
Barnwell Industries Inc is an energy and natural resources exploration company. They focus on the acquisition, development, and production of oil and natural gas reserves. Additionally, they engage in real estate activities such as owning, leasing, and managing properties.
More about Barnwell Industries inc 's Market Share
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Independence Contract Drilling inc Share Performance
-79.66%
One Year
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Independence Contract Drilling inc
Profile
Independence Contract Drilling Inc's business model focuses on providing contract land drilling services to oil and natural gas exploration and production companies.
More about Independence Contract Drilling inc 's Market Share
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Lineage Inc Share Performance
-2.48%
30 Days
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Lineage Inc
Profile
Roan Resources, Inc. is an energy company that operates in the exploration, development, and production of unconventional oil and natural gas reserves. Its business model focuses on leveraging advanced drilling and completion techniques, along with strategic acquisitions, to drive growth and maximize the value of its mineral assets.
More about Lineage Inc 's Market Share
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Patterson uti Energy Inc Share Performance
-30.21%
This Quarter
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Patterson uti Energy Inc
Profile
Patterson-UTI Energy Inc. operates as a provider of onshore drilling services and related equipment for oil and natural gas companies. Their business model is centered around offering drilling solutions, including rigs, directional drilling services, and pressure pumping services, to help their clients extract and produce energy resources. They aim to leverage their extensive fleet and expertise to deliver efficient and high-quality drilling services, contributing to the growth and success of energy companies in the United States.
More about Patterson uti Energy Inc 's Market Share
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Superior Drilling Products Inc Share Performance
-17.89%
30 Days
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Superior Drilling Products Inc
Profile
Superior Drilling Products Inc's business model revolves around providing innovative drilling solutions and products to the oil and gas industry. They focus on developing and manufacturing tools that enhance drilling efficiency, productivity, and safety.
More about Superior Drilling Products Inc 's Market Share
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Vantage Drilling International Share Performance
0.00%
30 Days
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Vantage Drilling International
Profile
Vantage Drilling International operates as an offshore drilling contractor providing drilling services for oil and gas companies worldwide. The company's business model revolves around offering high-quality and efficient drilling solutions, utilizing a modern and diversified fleet of drilling rigs. Vantage Drilling International aims to establish long-term relationships with its clients by consistently delivering safe and cost-effective drilling operations.
More about Vantage Drilling International's Market Share
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Sources: Transocean ltd and all companies mentioned above in this report
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