Transocean posts profit but underlying performance slumps on lower revenues

One-off items help mask impact of falling revenues for rig contracting heavyweight

Fall in underlying performance: Transocean chief executive Jeremy Thigpen — Fall in underlying performance: Transocean chief executive Jeremy ThigpenPhoto: KAIA MEANS

Josh Lewis

Perth

Transocean Jeremy Thigpen Switzerland Europe Western Europe

Published 3 November 2020, 03:29Updated 3 November 2020, 03:29