What Does Transocean Do?

Total employees10633
HeadquartersSteinhausen
Founded

Transocean Ltd. is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services. Transocean owns and operates one of the most versatile fleets in the offshore drilling industry, consisting of ultra-deepwater, harsh-environment, deepwater, and midwater floaters. They contract their drilling rigs, related equipment, and work crews to major and independent oil and gas companies on a dayrate basis.

Where Is Transocean's Headquarters?

Transocean officeTransocean officeTransocean officeTransocean office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the company's principal executive office, overseeing global strategy, corporate governance, financial management, and legal affairs for its worldwide offshore drilling operations.

Notable Features:

Located in a modern business district, reflecting Switzerland's reputation for precision and international commerce. The office facilitates global coordination and strategic decision-making.

Work Culture:

The Swiss headquarters likely fosters a professional, internationally-focused work environment emphasizing efficiency, compliance, and strategic planning, aligning with the high-stakes nature of the offshore drilling industry.

HQ Significance:

The Swiss location offers benefits such as a stable political and economic environment, favorable corporate governance laws, and access to international financial markets, supporting Transocean's global operations.

Values Reflected in HQ: The choice of Switzerland reflects values of stability, international reach, financial prudence, and a commitment to a robust corporate governance framework.

Location:

Transocean supports a wide range of global functions including offshore drilling operations, rig management and maintenance, engineering and technical support, supply chain and logistics, health, safety, and environmental (HSE) compliance, crew management and training, business development, and client relations. These functions are distributed across its international offices and operational sites to serve key oil and gas basins worldwide.

Street Address:

Turmstrasse 30

City:

Steinhausen

State/Province:

Zug

Country:

Switzerland

Where Else Does Transocean Operate Around the World?

Houston, Texas, USA

Address: 4 Greenway Plaza, Houston, TX 77046, USA

Manages and supports drilling operations in the Gulf of Mexico and other parts of the Americas, providing essential services and expertise to ensure safe and efficient project execution.

Aberdeen, Scotland, UK

Address: Transocean House, Hareness Road, Altens Industrial Estate, Aberdeen, AB12 3LE, Scotland

Supports Transocean's extensive operations in the UK Continental Shelf and other European offshore sectors, leveraging Aberdeen's status as a major oil and gas hub.

Stavanger, Norway

Address: Maskinveien 26, 4033 Stavanger, Norway

Supports drilling campaigns in one of the world's most demanding offshore environments, coordinating logistics, personnel, and regulatory compliance for Norwegian operations.

Buying Intent Signals for Transocean

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Transocean? Meet the Executive Team

As of April 2025, Transocean' leadership includes:

Jeremy D. Thigpen - President and Chief Executive Officer
Mark-Anthony Lovell - Executive Vice President and Chief Financial Officer
Keelan Adamson - President and Chief Operating Officer
Brady K. Long - Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
Roddie Mackenzie - Senior Vice President, Marketing and Contracts
Tricia C. Scherer - Senior Vice President and Chief Human Resources Officer

Who's Investing in Transocean?

Transocean has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Primecap Management Company
Dimensional Fund Advisors LP

What Leadership Changes Has Transocean Seen Recently?

Hire1
Exits1

In the past 12 months, Transocean saw a key transition in its legal leadership, with David A. Tonnel resigning and Brady K. Long being appointed as his successor in March 2024. Other executive team members have remained largely stable, focusing on navigating the dynamic offshore drilling market.

Departures

David A. Tonnel, David A. Tonnel resigned from his position, effective March 1, 2024.

New Appointments:

Brady K. Long, Brady K. Long appointed to succeed David A. Tonnel, effective March 1, 2024.

What Technology (Tech Stack) Is Used byTransocean?

Discover the tools Transocean uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Transocean Email Formats and Examples

Transocean primarily utilizes the email domain @deepwater.com. The most common email format appears to be a combination of the employee's first and last name, or first initial and last name.

first.last@deepwater.com or [first_initial][last]@deepwater.com

Format

jane.doe@deepwater.com

Example

85%

Success rate

What's the Latest News About Transocean?

Offshore Energy • May 21, 2024

Transocean Secures $161M Contract Extension for Drillship in Gulf of Mexico

Transocean Ltd. has announced a 365-day contract extension for one of its ultra-deepwater drillships, the Deepwater Asgard, with an independent operator in the U.S. Gulf of Mexico. The extension is valued at approximately $161 million....more

World Oil • May 2, 2024

Transocean Orders First 20,000 psi Subsea BOP Stack

Transocean has ordered the first subsea blowout preventer (BOP) stack with a 20,000 pounds per square inch (psi) operational capability, intended for its new ultra-deepwater drillship, the Deepwater Atlas. This marks a significant technological advancement for high-pressure, high-temperature drilling operations....more

Yahoo Finance / Transocean • April 29, 2024

Transocean Ltd. Reports First Quarter 2024 Results

Transocean reported a net loss attributable to controlling interest of $193 million for the first quarter of 2024. Contract drilling revenues were $757 million, with an adjusted EBITDA of $227 million. The company also provided an update on its contract backlog....more

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