18 Feb 2025director interest notice● Neutral
Transocean Ltd. EVP, Chief Financial Officer Robert Thaddeus Vayda received a stock option grant for 281,894 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Feb 2025director interest notice● Neutral
Transocean Ltd. SVP, Chief Accounting Officer Jason Pack received a stock option grant for 96,972 shares.
18 Feb 2025director interest notice● Neutral
Transocean Ltd. CEO Jeremy D Thigpen received a stock option grant for 515,464 shares.
18 Feb 2025director interest notice● Neutral
Transocean Ltd. EVP & Chief Legal Officer Brady K Long received a stock option grant for 295,220 shares.
13 Feb 2025director interest notice● Neutral
Transocean Ltd. EVP, Chief Commercial Officer Roderick James Mackenzie sold 22,000 shares at $3.85.
13 Feb 2025substantial holder notice● Neutral
Capital World Investors reported a Transocean Ltd. shareholding of 4.60% of votes in a periodic institutional filing.
12 Feb 2025production update● Neutral
Transocean's Feb 12, 2025 fleet status report again lists 34 rigs (26 ultra-deepwater, 8 harsh-environment). Notable entries: Invictus is out of service for contract preparation Jan-25 to Apr-25 before its bp contract at $485,000 a day; Thalassa's Mar-26 to Mar-29 Mexico contract is now shown with Woodside as customer at $480,000, which settles the earlier open question of which rig (Asgard, Proteus or Thalassa) serves Mexico; Skyros is extended with TotalEnergies in Angola at $400,000 to Jul-25.
10 Feb 2025director interest notice● Neutral
Transocean Ltd. CEO Jeremy D Thigpen exercised stock options for 979,354 shares and disposed of 394,867 shares.
10 Feb 2025director interest notice● Neutral
Transocean Ltd. EVP & Chief Legal Officer Brady K Long exercised stock options for 267,096 shares and disposed of 107,695 shares.
10 Feb 2025director interest notice● Neutral
Transocean Ltd. PRESIDENT AND COO Keelan Adamson exercised stock options for 342,772 shares and disposed of 138,208 shares.
10 Feb 2025director interest notice● Neutral
Transocean Ltd. EVP, Chief Commercial Officer Roderick James Mackenzie exercised stock options for 176,740 shares and disposed of 71,264 shares.
10 Feb 2025director interest notice● Neutral
Transocean Ltd. EVP, Chief Financial Officer Robert Thaddeus Vayda exercised stock options for 70,696 shares and disposed of 28,508 shares.
10 Feb 2025director interest notice● Neutral
Transocean Ltd. SVP, Chief Accounting Officer Jason Pack exercised stock options for 76,586 shares and disposed of 30,883 shares.
14 Jan 2025director interest notice● Neutral
Transocean Ltd. EVP, Chief Commercial Officer Roderick James Mackenzie sold 22,000 shares at $4.05.
13 Dec 2024director interest notice● Neutral
Transocean Ltd. EVP, Chief Commercial Officer Roderick James Mackenzie sold 22,000 shares at $3.95.
22 Nov 2024director interest notice● Neutral
Transocean Ltd. EVP, Chief Commercial Officer Roderick James Mackenzie sold 37,261 shares at $4.38.
20 Nov 2024director interest notice● Neutral
Transocean Ltd. EVP, Chief Commercial Officer Roderick James Mackenzie sold 20,000 shares at $4.29.
20 Nov 2024director interest notice● Neutral
Roderick James Mackenzie became a Transocean Ltd. EVP, Chief Commercial Officer and company insider (initial ownership filing).
13 Nov 2024substantial holder notice● Neutral
Capital World Investors disclosed a new substantial Transocean Ltd. shareholding (5.50% of votes).
8 Nov 2024substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial Transocean Ltd. shareholding (8.10% of votes).
31 Oct 2024quarterly activities report▼ Bad
Transocean Ltd. reported quarterly revenue of $948.0 million and a net loss of $494.0 million for the period ended 2024-09-30.
30 Oct 2024quarterly activities report▼ Bad
Transocean Ltd. reported quarterly revenue of $948.0 million and a net loss of $494.0 million for the period ended 2024-09-30.
24 Oct 2024production update▲ Good
Transocean published its regular October 24, 2024 fleet status report. It now shows 26 ultra-deepwater floaters (25 drillships and one semisubmersible) and eight harsh environment, versus 28 ultra-deepwater in July. The bp contracts for Atlas (Jun-28 to May-29 at $635,000) and Invictus (Apr-25 to Apr-28 at $485,000) appear, along with Conqueror's new Oct-25 to Sep-26 contract at $530,000, and Reliance Industries for KG1 from May-26 at $410,000. Estimated average dayrates are $442,000 for ultra-deepwater in Q4 2024 and $403,000 for harsh environment. The Mexico contract now lists Asgard, Proteus or Thalassa as candidates, no longer Invictus or Conqueror. Development Driller III and Discoverer Inspiration no longer appear in the list; the filing does not say why.
22 Oct 2024substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial Transocean Ltd. shareholding (8.10% of votes).
17 Oct 2024contract award▲ GoodMajor
Transocean announced a one-year contract for Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of Mexico, expected to start in October 2025 and add about $193m of backlog including additional services. This follows Conqueror's current Chevron contract, which runs to April 2025.
15 Oct 2024substantial holder notice● Neutral
Hayfin Management Limited, Hayfin SOF II GP Limited, Hayfin Special Opportunities Fund II LP, Hayfin Topaz GP Limited, Hayfin Topaz LP, Hayfin Opal III GP Limited, Hayfin Opal III LP, Hayfin SOF II USD Co-Invest LP reported a Transocean Ltd. shareholding of 41,544,493 shares (4.80% of votes) in a periodic institutional filing.
13 Sept 2024director interest notice● Neutral
Transocean Ltd. insider Perestroika bought 1,500,000 shares on the open market at $4.13.
13 Sept 2024director interest notice● Neutral
Transocean Ltd. insider Perestroika (cyprus) LTD bought 1,500,000 shares on the open market at $4.13.
13 Sept 2024director interest notice● Neutral
Transocean Ltd. insider Frederik Wilhelm Mohn bought 1,500,000 shares on the open market at $4.13.
10 Sept 2024contract award▲ GoodMajor
Transocean announced a 365-day contract for Deepwater Atlas with bp in the U.S. Gulf of Mexico, plus a 365-day option, expected to start in Q2 2028 and add about $232m of backlog (excluding a mobilization fee). This extends Atlas's work well beyond the Beacon contract schedule. The press release now describes a fleet of 34 units, 26 ultra-deepwater and eight harsh environment, down from 36 (28 and eight) in the July release; the filing does not say why.