RIG

Transocean Ltd.

September 16, 2026 · intraday

Rarity
1.42
Peak move
−7.59%
Float cap
$5.6B

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. It owns or operates mobile offshore drilling units, including ultra-deepwater drillships and harsh-environment semisubmersibles, and contracts rigs, related equipment, and work crews to customers drilling oil and gas wells worldwide. The company focuses on technically demanding offshore regions, particularly ultra-deepwater and harsh-environment drilling.

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What we found

3 events · 1 from SEC or newswire · 0 timed with the move
  • large_option_expiry

    Transocean saw unusually heavy options activity during a stock rally, with roughly 72,000 contracts traded, about 5.2x the usual daily volume, and the January 2027 $7-strike call the most popular at 34,745 contracts.

  • major_contract

    Transocean's ultra-deepwater drillship Deepwater Conqueror was awarded a two-well contract in Equatorial Guinea with an undisclosed operator, an estimated 170-day campaign starting in 2027 that adds about $80 million to backlog, excluding mobilization/demobilization compensation, and follows its current U.S. Gulf contract.

  • peer_disclosure

    Borr Drilling reported that its jackup Odin began earning dayrate revenue on September 11, 2026 offshore Texas, the Idun won a three-well, roughly 130-day Vietnam contract starting Q4 2026, and Eni exercised a nine-month option on the Bestla, extending it to September 2027.