Transocean sees 'much-anticipated recovery' despite increased underlying losses

Adjusted net losses increase but chief executive positive about year ahead

Fourth quarter results: Transocean chief executive Jeremy Thigpen — Fourth quarter results: Transocean chief executive Jeremy ThigpenPhoto: STEVE MARSHALL/UPSTREAM

Josh Lewis

Perth

Transocean Jeremy Thigpen Switzerland Corporate Europe

Published 18 February 2020, 01:22Updated 18 February 2020, 16:47