Transocean cuts yearly losses

Rigs giant sees lift in utilisation rates that offset fall in average dayrates

Changing scene: Transocean chief executive Jeremy Thigpen — Changing scene: Transocean chief executive Jeremy ThigpenPhoto: DIDRIK LINNERUD ARNESEN

Josh Lewis

Perth

Financial Transocean Jeremy Thigpen Songa Offshore Ocean Rig

Published 20 February 2019, 13:21Updated 20 February 2019, 13:21