The logo of Swiss rig operator Transocean is pictured ontop of its headquarters on October 2, 2012 ... [+] in Geneva. A Brazilian court has partially lifted a ban on operations of Swiss rig operator Transocean in this country in connection with a major ocean oil spill last year, the company and the court said on October 1. A Transocean statement said Superior Court of Justice President granted a request by the National Petroleum Agency (ANP) to lift a preliminary injunction requiring Transocean to stop its Brazil operations within 30 days. AFP PHOTO / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP/GettyImages)

Transocean (NYSE: RIG) has been cutting its rig count to improve utilization since 2016 in keeping with the slowdown in the general environment for offshore drilling operations. We expect consolidation and improved efficiency to be the two biggest themes in 2020 for offshore drilling companies. Trefis highlights trends in Transoceans Revenues over recent years along with our forecast for 2019 and 2020 in an interactive dashboard, parts of which are summarized below.

Transocean is an offshore rig and drilling company based out of Switzerland. It operates in 20 countries and employs 9,000 personnel.

Trefis

Additional details about how Transoceans rig count, day rate and utilization have trended over recent years is available in our interactive dashboard.

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How Will Transocean Weather The Lull In The Offshore Rig Market? - Forbes