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Transocean Inc. · Houston, TX United States ·(NYSE: RIG)

Company Description

4 Greenway Plaza
Houston, TX
77046
United States (Map)
Phone: 713-232-7500
Fax: 713-232-7027
Rankings
  • #251 in FT Global 500
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Like an NFL tight end, offshore drilling contractor Transocean dreams of going deep but doesn't mind eating a little mud. Transocean specializes in deepwater drilling and it isn't afraid of harsh environments. The company operates in the world's major offshore oil-producing regions, including Africa, Asia, Brazil, Canada, India, the Middle East, the Gulf of Mexico, and the North Sea. It has a fleet of 136 mobile offshore drilling units (67 semisubmersibles and drillships, 65 jackup rigs, and four other rigs). Transocean's other operations include management of third-party drilling services. Major customers include BP and Chevron. In a major expansion, in 2007 it acquired GlobalSantaFe for almost $18 billion. To read the full description, subscribe now.
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Key Transocean Inc. Financials

Company TypePublic - NYSE: RIG

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$12,674.0
2008 Employees21,600

Transocean Inc. Executives

30 executives listed for Transocean Inc.'s Houston, TX location.
TitleName & BioContact
CEO and DirectorRobert LongNetwork
President and COOSteven NewmanNetwork
SVP and CFORicardo RosaNetwork

Competition

Competitive Landscape for Transocean Inc.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.
Top Transocean Inc. Competitors
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