Transocean still in the red although multi-year market recovery forecast

‘Industry-leading’ $9.4 billion order backlog cannot save drilling contractor from widening loss

‘Uniquely positioned’: Transocean chief executive Jeremy Thigpen. — ‘Uniquely positioned’: Transocean chief executive Jeremy Thigpen.Photo: DIDRIK LINNERUD ARNESEN/DN

Amanda Battersby

Singapore

Transocean Jeremy Thigpen Brazil South America

Published 31 October 2023, 04:52Updated 31 October 2023, 12:34