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Transocean Is Struggling With Free Cash Flow

09:00am, Friday, 19'th Jul 2024
Transocean Ltd. (RIG, Financial) released its first-quarter 2024 results and its latest fleet status report in April.
STEINHAUSEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2024 on Wednesday, July 31, 2024.
Even with macroeconomic headwinds, crude oil has increased by 15% year-to-date. The key reason for the rally is the likelihood of potential rate cuts in the coming quarters.
Transocean's (RIG) newbuild ultra-deepwater drillship begins its first assignment for Petrobras, offshore Brazil, at a day rate of $448,000.
Transocean (RIG) secures a $188 million contract extension with Hess for Deepwater Asgard drillship in the U.S. Gulf of Mexico, reinforcing its offshore drilling leadership in harsh environments.
VANCOUVER, BC , June 26, 2024 /PRNewswire/ - Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) (" Nevada King " or the "Company") is pleased to announce initiation of its 2024 reconnaissance drilling
Transocean (RIG) agrees to sell its 5th-generation semisub Deepwater Nautilus and associated assets for $53.5 million, as part of the company's strategy to dispose of non-strategic assets.
STEINHAUSEN, Switzerland, June 26, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract extension for the Deepwater Asgard with an independent ope
Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism.
In the last 12 months, crude oil had a breakout above $85 in two instances. However, on both occasions, black gold has pulled back below $80 per barrel.
Transocean's (RIG) contract extensions for its semisubmersible rigs reinforce its confidence in the high-specification harsh environment market's positive outlook.
STEINHAUSEN, Switzerland, June 04, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract fixtures for three of its harsh environment semisubmersibles. Togeth
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