{"filings":[{"id":669956,"accession_number":"0001451505-26-000049","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-05-26T21:10:19+00:00","items":["3.02","5.03","5.07","9.01"],"status":"ready","headline":"Transocean shareholders approve up to 240.8M share capital authorization; 100M shares issued into treasury","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["AGM approved issuance of up to 240,801,936 shares, expiring May 22, 2027.","100,000,000 shares issued into treasury; total shares now 1,304,009,681.","Finance Committee dissolved effective July 1, 2026.","All 11 director nominees elected; say-on-pay passed with 486.9M votes for.","Share capital increased to $130,400,968.10; issuance exempt under Section 4(a)(2)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":528280,"accession_number":"0001104659-26-063883","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-05-19T20:44:44+00:00","items":["1.01","9.01"],"status":"ready","headline":"Transocean enters support agreement with Famatown to nominate Kristian Johansen to board","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Transocean will nominate Kristian Johansen for election to board at EGM to approve Valaris acquisition.","If Johansen not elected, Famatown can designate a replacement director acceptable to the board.","Famatown parties get board observer rights if no director from them is on board.","Agreement includes standstill and voting covenants; ends if Famatown ownership falls below 3.5%.","Re-nomination period lasts 2 years from EGM, extendable if Johansen re-elected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92933,"accession_number":"0001104659-26-055235","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"DOJ issues Second Request on Transocean-Valaris merger, extending HSR waiting period","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["On May 4, 2026, Transocean and Valaris each received a DOJ Second Request under the HSR Act.","Second Request extends HSR waiting period until 30 days after both parties substantially comply.","Transocean withdrew its initial HSR filing on April 1, 2026, and refiled on April 3, 2026.","Deal exchange ratio is 15.235 Transocean shares per Valaris share; other conditions remain pending."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92932,"accession_number":"0001451505-26-000041","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-05-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Transocean Q1 net income $71M, revenue $1.08B, backlog reaches $7.1B with $1.6B new contracts","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $71M ($0.06 diluted EPS); adjusted net loss $28M (-$0.03 adjusted EPS).","Contract drilling revenue $1.08B, up from $906M YoY; revenue efficiency 97.3%.","Adjusted EBITDA $440M (40.7% margin) vs $244M (26.9%) YoY.","Early retired $358M of 8.375% notes due 2028, reducing interest cost by ~$40M.","Added $1.6B in new contracts with weighted avg dayrate ~$410k; total backlog $7.1B."],"consensus_eps_estimate":null,"consensus_eps_actual":0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":1081000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92931,"accession_number":"0001451505-26-000032","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-04-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean $158M contract for Deepwater Asgard; backlog additions ~$1.6B since April","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deepwater Asgard awarded five-well contract in Eastern Med; 390-day campaign starts Q4 2026, adding ~$158M backlog.","Including fixtures on Transocean Barents (Norway) and Deepwater Orion, Aquila, Corcovado (Brazil), total backlog additions ~$1.6B since early April.","Contract excludes mobilization/demobilization compensation; operator undisclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92930,"accession_number":"0001451505-26-000029","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-04-14T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean secures $425M net backlog from Petrobras for Deepwater Corcovado extension through Nov 2030","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deepwater Corcovado awarded 1,156-day contract extension with Petrobras, adding ~$445M in incremental backlog.","Existing backlog reduced by ~$20M from April 1, 2026 to September 2027 (525 days) before new contract starts.","Net backlog addition of ~$425M; rig committed through November 2030.","Extension in direct continuation of current activity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92929,"accession_number":"0001451505-26-000024","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-04-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean awards $1.0B in new contracts; retires $358M in notes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Transocean Barents awarded 1,095-day contract with Vår Energi at $450K/day, adding ~$490M backlog.","Deepwater Orion gets 1,095-day Petrobras extension adding ~$420M backlog, rig committed through Mar 2030.","Deepwater Aquila receives 365-day Petrobras extension adding ~$160M backlog, rig through Jun 2028.","Retired $358M of 8.375% Senior Secured Notes due 2028; interest savings to maturity ~$39M.","Company expects to retire total $0.75B of debt in 2026, excluding additional early retirements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104174,"accession_number":"0001451505-26-000020","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean to acquire Valaris in all-stock deal valued at exchange ratio of 15.235 Transocean shares per Valaris share","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Business Combination Agreement signed on February 9, 2026 to acquire all outstanding Valaris common shares for Transocean shares at 15.235:1 ratio.","Boards of both Transocean and Valaris unanimously approved and declared the agreement advisable.","Transaction to be effected through a Bermuda Scheme of Arrangement, with Valaris becoming a wholly owned subsidiary of Transocean.","Transocean released excess reserves of USD 555 million in 2025 and reported net loss of USD 73.6 million for the year ended December 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104173,"accession_number":"0001451505-26-000012","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-02-20T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Transocean FY25 revenue $3.965B (+13% YoY); adj. EBITDA $1.37B; backlog $6.1B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Operating revenues $3.965B, up 13% vs 2024; revenue efficiency 96.5% (up from 94.5%).","Net loss $2.915B ($3.04/sh) from $3.036B impairment; adjusted net income $37M ($0.04/sh).","Adjusted EBITDA $1.37B (+19% YoY); cash from ops $749M (+68%); free cash flow $626M.","Total debt reduced by $1.258B to $5.686B; added $839M backlog at $453k avg dayrate.","Q4 revenue $1.043B, net income $25M; FY26 guide revenue $3.8-3.95B; backlog $6.1B."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":3965000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104172,"accession_number":"0001451505-26-000005","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean secures $184M in contract fixtures for two Norway semisubmersibles","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Transocean Encourage awarded seven-well extension; ~365 days starting Q1 2027 adds ~$152M backlog.","Transocean Enabler gets two one-well options exercised; ~70 days adds ~$32M, committed through Dec 2027.","Aggregate firm contract backlog from both fixtures totals approximately $184M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104171,"accession_number":"0001104659-26-012387","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-02-10T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Transocean to acquire Valaris; all-stock deal at 15.235x ratio; 53/47 ownership split","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Transocean to acquire all Valaris shares at exchange ratio of 15.235 Transocean shares per Valaris share.","Existing Transocean shareholders will own ~53% and Valaris shareholders ~47% of combined company.","Termination fees: $195M payable by Transocean, $173M by Valaris under specified circumstances.","Support agreements in place: ~18% of Valaris shares and ~9% of Transocean shares committed to vote in favor.","Both boards unanimously approved the deal; expected close by Feb 2027 subject to approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104170,"accession_number":"0001104659-26-011776","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Transocean to acquire Valaris in all-stock deal valued at ~$5.8B; creates ~$17B offshore driller","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["All-stock deal: Valaris shareholders receive 15.235 RIG shares per VAL share; pro forma ownership ~53% RIG, ~47% VAL.","Combined enterprise value ~$17.2B; market cap ~$12.3B; combined fleet of 73 rigs and backlog ~$10B.","Identified >$200M in cost synergies; expects leverage ratio ~1.5x within 24 months post-close.","Leadership: Keelan Adamson remains CEO; Jeremy Thigpen becomes Executive Chairman; 9 RIG + 2 VAL directors.","Transaction approved by both boards; expected to close H2 2026 subject to regulatory and shareholder approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104169,"accession_number":"0001451505-26-000003","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean secures $168M in firm backlog with bp contract and Enabler extension","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deepwater Mykonos awarded 302-day contract with bp in Brazil, contributing ~$120M backlog, start Q3 2026.","Transocean Enabler exercises three one-well options in Norway, adding ~$48M backlog through September 2027.","Total firm backlog from fixtures approximately $168M, excluding mobilization/demobilization fees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120458,"accession_number":"0001451505-25-000133","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-12-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean secures $130M six-well contract in Australia for Deepwater Skyros","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Six-well contract in Australia with undisclosed operator; uses Deepwater Skyros drillship.","Estimated 320-day campaign starting Q1 2027; adds ~$130M to backlog (excl. mobilization).","Priced options could extend the program into early 2030 if fully exercised.","Mobilization and demobilization compensation not included in backlog figure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120457,"accession_number":"0001451505-25-000127","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-11-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean adds $89M backlog as Petrobras, OMV Petrom exercise rig options","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Petrobras exercises 90-day option for Deepwater Mykonos in Brazil, adding ~$33M to backlog.","Two-well option exercised for Transocean Enabler in Norway at dayrate of $453,000/day.","OMV Petrom exercises one-well option for Transocean Barents in Romania at $480,000/day.","Total firm contract backlog from fixtures estimated at approximately $89M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120456,"accession_number":"0001451505-25-000120","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transocean reports Q3 net loss of $1.92B, includes $1.91B impairment; adjusted net income $62M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to controlling interest $1.92B ($2.00/share) vs adjusted net income $62M ($0.06/share).","Contract drilling revenues $1.03B, up from $988M sequentially; revenue efficiency 97.5%.","Adjusted EBITDA $397M, margin 38.7%.","Backlog $6.7B as of October 2025 Fleet Status Report.","CEO targets ~$1.2B debt reduction by end of 2025, annual interest savings ~$83M."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":2922000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120455,"accession_number":"0001451505-25-000113","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-10-15T23:59:59+00:00","items":["1.01","2.03","7.01","8.01","9.01"],"status":"ready","headline":"Transocean issues $500M 7.875% notes due 2032; upsizes tender offer to $100M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $500M senior priority guaranteed notes at 7.875% due Oct 2032; interest semi-annual from Apr 2026.","Tender offer upsized from $50M to $100M to repurchase 2041 (9.35% step-up) and 2028 notes.","Early tender: $89M of 2041 notes accepted (50.21% of outstanding); 2028 notes prorated at 13.17% ($15.8M accepted).","Settlement on Oct 16, 2025; proceeds from new notes used to fund tender."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120454,"accession_number":"0001451505-25-000111","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-10-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean fleet status report shows rising dayrates; new contracts with bp, Beacon, Woodside","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deepwater Atlas secures three-year firm contract with bp starting June 2028 at $635k/day.","Petrobras extends Petrobras 10000 through Aug 2029 at dayrates escalating from $409k to $447k.","Q4 2025 estimated average dayrates: drillships $458k, harsh environment semis $424k.","Transocean Encourage lands new firm contract Dec 2025-Jan 2027 at $490k/day after Equinor work.","Ocean Rig Mylos, Apollo, Athena remain stacked; three drillships out of service for maintenance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120453,"accession_number":"0001451505-25-000108","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-10-01T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean announces $243M in exercised options for Deepwater Atlas and Deepwater Mykonos","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["bp exercised a 365-day option for Deepwater Atlas, adding ~$232M to backlog.","Petrobras exercised a 30-day option for Deepwater Mykonos, adding ~$11M to backlog.","Total firm contract backlog increase of approximately $243M from both fixtures.","Both options are direct continuations of existing firm contracts in U.S. Gulf and Brazil."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137032,"accession_number":"0001451505-25-000106","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-09-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean launches $500M Senior Priority Notes due 2032 offering to refinance 2027 debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offering $500M aggregate principal of Senior Priority Guaranteed Notes due 2032 via Rule 144A/Reg S.","Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Transocean Ltd and certain subsidiaries.","Net proceeds used to refinance remaining 8.00% Senior Notes due Feb 2027 and 6.875% Senior Secured Notes due 2027.","Also funds tender offer up to $50M combined for 7.35% Senior Notes due 2041 (step-up to 9.35%) and 7.00% Notes due 2028.","Timing and pricing subject to market conditions; pending proceeds may be temporarily invested in short-term instruments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137031,"accession_number":"0001451505-25-000104","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-09-26T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Transocean prices 125M-share offering at $3.05 per share to repay notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Underwriting agreement for public offering of 125M shares at $3.05 per share.","Underwriters exercised 30-day option for extra 18.75M shares in full.","Net proceeds to repay or redeem a portion of $655M 8.00% Senior Notes due Feb 2027.","Offering expected to close September 26, 2025.","Underwriters include Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137030,"accession_number":"0001451505-25-000099","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-09-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean prices upsized 125M share offering at $3.05/share for ~$381M gross proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offering upsized to 125M shares from 100M; price $3.05 per share.","Gross proceeds expected ~$381.25M before underwriting discounts and expenses.","Underwriters granted 30-day option for up to 18.75M additional shares.","Net proceeds to repay or redeem a portion of $655M 8.00% Senior Notes due 2027.","Offering expected to close September 26, 2025; Citigroup and Morgan Stanley lead."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137029,"accession_number":"0001451505-25-000096","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-09-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean plans 100M-share offering, proceeds to repay $655M notes due 2027","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offering 100M shares (par $0.10) with underwriter option for 15M more; Citigroup and Morgan Stanley book-running.","Net proceeds to repay or redeem portion of $655M 8.00% Senior Notes due February 2027 issued by Transocean International Ltd.","Remaining proceeds, if any, for general corporate purposes; shelf registration effective July 1, 2024.","Offering subject to market conditions and SEC review; no assurance of completion or final terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137028,"accession_number":"0001451505-25-000090","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-08-27T23:59:59+00:00","items":["2.06","9.01"],"status":"ready","headline":"Transocean expects ~$1.9B impairment charge on disposal of five rigs in Q3 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plans to dispose of rigs: Discoverer Clear Leader, Discoverer Americas, Deepwater Champion, Henry Goodrich, Discoverer India.","Non-cash impairment charge of approximately $1.9 billion expected in Q3 2025.","Rigs are classified as held for sale; assets primarily associated with these rigs also included.","Decision to dispose taken on August 27, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137027,"accession_number":"0001451505-25-000087","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-08-19T23:59:59+00:00","items":["3.02","8.01","9.01"],"status":"ready","headline":"Transocean exchanges $39.7M of 4.0% exchangeable bonds for 13.9M shares","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Closed on Aug 19, 2025, exchanging $39.7M principal amount for ~13.9M shares and immaterial accrued interest.","Approximately $37.3M in aggregate principal of the 4.0% Senior Guaranteed Exchangeable Bonds due 2025 remains outstanding.","Shares issued in reliance on Section 4(a)(2) exemption; part of capital structure optimization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137026,"accession_number":"0001451505-25-000084","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["3.02","8.01","9.01"],"status":"ready","headline":"Transocean to exchange $39.7M of 4% exchangeable bonds due 2025 for common shares","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Agreements with holders to exchange ~$39.7M principal of 2025 bonds for RIG shares, priced by 5-day VWAP from Aug 11.","Illustrative VWAP of $3.10/share would yield ~13.3M shares; actual amount may differ.","Exchange subject to limit price of $2.50/share; transactions pause below that level.","Shares issued in private placement exempt under Section 4(a)(2) of Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137025,"accession_number":"0001451505-25-000076","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transocean Q2 net loss $938M on $1.128B impairment; adjusted net income $19M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $938M ($1.06/diluted share); adjusted net income $19M (adj. EPS nil).","Contract drilling revenue $988M, up $82M sequentially and $127M YoY; adjusted EBITDA $344M (34.9% margin).","Recorded $1.128B impairment of assets (net of tax) and $24M loss on debt conversion, partly offset by $195M discrete tax items.","Backlog $7.2B as of July 2025 fleet status report; cash from ops $128M, capex $24M.","CEO confirms on track to reduce debt by over $700M in 2025; free cash flow $104M."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":1894000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137024,"accession_number":"0001451505-25-000070","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-07-22T23:59:59+00:00","items":["3.02","8.01","9.01"],"status":"ready","headline":"Transocean exchanges ~$157M of 4.0% bonds for ~59M shares; $77M bonds remain","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed July 22, 2025; holders exchanged $157M principal of 4.0% Exchangeable Bonds due 2025.","Transocean issued ~59M shares and immaterial cash for accrued interest.","Approximately $77M in aggregate principal of the bonds remains outstanding.","Shares issued under Section 4(a)(2) exemption, not a public offering.","Transaction part of ongoing capital structure optimization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137023,"accession_number":"0001451505-25-000067","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-07-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean fleet report adds new contracts for 4 rigs, deepwater avg dayrate $449k-$464k","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deepwater Atlas new firm contract with Beacon in USGOM: Jul-25 to Mar-26 at $505k, options up to $650k.","Deepwater Conqueror new undisclosed USGOM contract Oct-25 to Sep-26 at $530k.","Deepwater Thalassa secures Woodside contract in Mexico Apr-26 to Mar-29 at $480k.","Transocean Encourage new Norway contract Jan-26 to Jan-27 with undisclosed customer at $488k.","Estimated avg deepwater dayrates $449k (Q3'25) to $464k (Q2'26); harsh environment $419k to $444k."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137022,"accession_number":"0001451505-25-000064","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-07-07T23:59:59+00:00","items":["3.02","8.01","9.01"],"status":"ready","headline":"Transocean amends exchangeable bond agreements to halt transactions below $2.50/share","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On July 3, 2025, Transocean amended existing 2025 EB agreements effective July 7.","Amendment introduces a $2.50 per share limit price for daily transactions.","Transactions will cease if share price falls below $2.50 for as long as it remains below.","Applies to certain holders of 4.0% Senior Guaranteed Exchangeable Bonds due 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154301,"accession_number":"0001451505-25-000059","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["3.02","8.01","9.01"],"status":"ready","headline":"Transocean swaps ~$157M of 2025 exchangeable bonds for equity in private deal","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["TIL subsidiary agreed with holders to exchange ~$157M aggregate principal of 4% exchangeable bonds due 2025 for common shares.","Share count based on 15-day VWAP beginning June 20, 2025; at $3.09/share, ~53M shares would be issued.","Exchange subject to a limit price of $2.63; transactions pause if share price falls below that level.","Issuance exempt under Section 4(a)(2) as a transaction not involving a public offering.","Closing expected by end of the VWAP calculation period, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154300,"accession_number":"0001451505-25-000056","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean receives $100M option exercise for Transocean Spitsbergen in Norway","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Two-well option exercised for harsh-environment semisubmersible Transocean Spitsbergen in Norway.","Program expected to commence Q1 2026, directly continuing the rig's current program.","Adds approximately $100 million to backlog, excluding additional services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154299,"accession_number":"0001451505-25-000053","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-06-03T23:59:59+00:00","items":["2.06","3.02","5.03","5.02","5.07","9.01"],"status":"ready","headline":"Transocean to take $1.1B-$1.2B impairment on rig disposals; Q2 charge expected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Expects non-cash charge of $1.1B-$1.2B in Q2 2025 from disposing GSF Development Driller I and Discoverer Luanda.","Also evaluating sale or recycling of Development Driller III and Discoverer Inspiration.","Shareholders approved 16M additional shares for 2015 LTIP; total share capital now 1,204,009,681 shares.","AGM elected all 11 director nominees and approved compensation plans.","Issued 188M shares under capital authorization for general and equity plan purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154298,"accession_number":"0001451505-25-000046","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transocean Q1 net loss $79M; revenue down 5% seq to $906M; adj EBITDA $244M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to controlling interest $79M ($0.11 diluted loss per share) vs net income $7M in Q4 2024.","Contract drilling revenues $906M, down $46M sequentially; up $143M YoY from $763M.","Adjusted EBITDA $244M (26.9% margin) vs $323M (33.9%) in prior quarter.","Backlog $7.9 billion as of April 2025; repaid $210M in outstanding debt during quarter.","CEO cites near-term market volatility from uncertain macro conditions but engaged on future opportunities."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":906000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154297,"accession_number":"0001451505-25-000039","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-04-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean fleet report shows new contracts with bp, Hess, Woodside; dayrates rising","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deepwater Invictus new 3-yr bp contract at $485k/day starting Apr-25.","Deepwater Asgard extended with Hess for 1 yr at $515k/day Jun-25–Jun-26.","Deepwater Thalassa new 3-yr Woodside contract in Mexico at $480k/day Mar-26.","Petrobras 10000 extended through Aug-29, dayrates escalating $400k–$438k.","Estimated avg dayrates: Q2 2025 $441k, Q3 $444k, Q4 $459k, Q1 2026 $464k."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172886,"accession_number":"0001558370-25-001047","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transocean Q4 net income $7M; full-year net loss $512M; backlog $8.3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 contract drilling revenues $952M, up $4M sequentially; revenue efficiency 93.5%.","Q4 net income $7M ($0.01 basic), diluted loss $0.11; adjusted net income $27M.","Full-year 2024 net loss $512M ($0.76/diluted share), including $755M asset impairment loss.","Adjusted full-year net loss $54M ($0.26/diluted); backlog $8.3B as of Feb 2025.","CEO cites first two 20K subsea completions and $2.4B in new backlog secured in 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.76,"consensus_revenue_estimate":null,"consensus_revenue_actual":3524000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172885,"accession_number":"0001451505-25-000020","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean parent statutory net income $263.4M in 2024; currency change boosts equity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net income of $263.4M vs CHF 602.3M in 2023 (non-comparable due to redenomination).","Recognized $281.1M translation gain from adopting USD as reporting currency effective Jan 1, 2024.","Investments in subsidiaries grew to $6.25B from CHF 5.01B, including $297M Orion acquisition in June.","Released $169M excess reserves; no impairment taken on subsidiary investments.","Parent had fewer than 10 employees; shares trade on NYSE under RIG."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172884,"accession_number":"0001451505-25-000015","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Transocean CEO Jeremy Thigpen to step down in Q2 2025; Keelan Adamson named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Keelan Adamson, current President and COO, to become President and CEO after transition ending Q2 2025.","Jeremy Thigpen to remain CEO until transition, then expected to become Executive Chair, subject to shareholder approval.","Chad Deaton, current Chair, to transition to Lead Independent Director if shareholder approves.","Keelan Adamson has been with Transocean since 1995, holding roles in ops, HR, and rig management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172883,"accession_number":"0001451505-25-000003","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean fleet update: Deepwater Atlas, Invictus, Barents win new contracts; dayrates trending up","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deepwater Atlas secured firm contracts with Beacon (dayrates $455k-$650k) through Sep 2026 and with bp ($635k) Jun 2028-May 2029.","Deepwater Invictus returns to work with bp Apr 2025-Apr 2028 at $485k after out-of-service for contract preparation.","Transocean Barents awarded contract with OMV Petrom in Romania Apr 2025-Sep 2026 at $465k dayrate, plus priced options.","Harsh-environment rig Transocean Encourage wins Norway contract Dec 2025-Dec 2026 at $463k dayrate from undisclosed customer.","Estimated avg dayrates for ultra-deepwater floaters rise from $434k (Q1 2025) to $455k (Q4 2025); harsh environment ~$400k."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189903,"accession_number":"0001451505-24-000146","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-12-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean receives $111M, 270-day ultra-deepwater drillship contract option exercise from Reliance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Four-well option exercised for Dhirubhai Deepwater KG1 with Reliance Industries in India.","Estimated 270-day program begins in direct continuation of firm term, adding ~$111M to backlog.","Excludes additional services; rig is a dynamically positioned ultra-deepwater drillship."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189902,"accession_number":"0001451505-24-000144","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-12-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Transocean subsidiaries migrate incorporation to Bermuda; Transocean Inc. renamed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Certain Transocean subsidiaries, including Transocean Inc., re-registered as Bermuda exempted companies on Dec 2, 2024.","Transocean Inc. changed name to Transocean International Limited, with new address in Hamilton, Bermuda.","Migration involved de-registration from prior jurisdictions; no transfer of rights/obligations or ownership change."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189901,"accession_number":"0001451505-24-000138","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transocean Q3 net loss $494M on $617M impairment; adjusted net income $64M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $948M (+$87M QoQ, +$235M YoY); adjusted EBITDA $342M (36% margin).","Backlog $9.3B; 97% of active fleet contracted in 2025.","Free cash flow $136M; capex $58M mainly for Deepwater Aquila.","Loss on impairment of assets $617M ($0.64/diluted share)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":2572000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189900,"accession_number":"0001451505-24-000131","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-10-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean fleet update: Deepwater Atlas secures $635k/day bp contract; Petrobras 10000 extended through 2029","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deepwater Atlas: new Beacon firm contracts at $505k-$580k/day; bp firm at $635k/day (2028-2029).","Petrobras 10000 extended through Aug 2029 with escalating dayrates from $393k (2024) to $443k (2028).","Deepwater Conqueror reassigned to another USGOM operator in Q1 2025; new contract at $530k/day Oct 2025.","Transocean Barents: new firm contract with OMV Petrom in Romania at $465k/day starting Apr 2025.","Transocean Norge extended with Harbour Energy/OMV through May 2028; dayrates rise to $517k."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189899,"accession_number":"0001451505-24-000128","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-10-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean secures $193M one-year drillship contract in U.S. Gulf of Mexico","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["One-year contract for ultra-deepwater drillship Deepwater Conqueror with undisclosed operator.","Contract expected to commence in October 2025 in the U.S. Gulf of Mexico.","Adds approximately $193 million to backlog, including additional services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206410,"accession_number":"0001451505-24-000126","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-09-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean secures $232M deepwater drillship contract with bp in Gulf of Mexico","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["365-day contract for Deepwater Atlas with bp in U.S. Gulf of Mexico; includes 365-day option.","Program expected to commence in Q2 2028; adds ~$232M to backlog, excluding mobilization fee.","No additional services provided under the contract."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206409,"accession_number":"0001451505-24-000123","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-09-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean wins $123M drillship contract from Reliance for six wells offshore India","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Contract awarded to Dhirubhai Deepwater KG1 for six wells offshore India; estimated 300-day program.","Estimated backlog contribution ~$123 million, excluding additional services and mobilization fee.","Program expected to commence Q2 2026; options could extend rig in India through end 2029."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206408,"accession_number":"0001451505-24-000120","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-09-03T23:59:59+00:00","items":["2.06","8.01","9.01"],"status":"ready","headline":"Transocean to sell two drillships for $342M, expects $630-645M impairment charge in Q3","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Development Driller III sold for $195M; Discoverer Inspiration sold for $147M; aggregate $342M.","Non-cash impairment charge estimated between $630M and $645M in Q3 2024.","Transactions subject to customary closing conditions, expected to close in Q3 2024.","Substantially all proceeds will be used to repay existing indebtedness."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206407,"accession_number":"0001451505-24-000117","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-08-20T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Transocean amends Organizational Regulations to merge governance committees","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Effective August 15, 2024, Board combined Health, Safety, Environment & Sustainability and Corporate Governance Committees.","New committee named Governance, Safety & Environment Committee.","Also updated Section 3.06(a) on attendance quorum, resolutions, and minutes.","Full text of amended Organizational Regulations filed as Exhibit 3.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206406,"accession_number":"0001451505-24-000110","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Transocean Q2 2024 net loss $123M, revenue $861M, backlog $8.64B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to controlling interest $123M ($0.15 diluted loss per share) vs prior quarter net income of $98M.","Contract drilling revenues $861M, up $98M sequentially, driven by higher rig utilization and revenue efficiency.","Adjusted EBITDA $284M (33.0% margin) vs $199M (26.0%) in Q1 2024.","Revenue efficiency improved to 96.9% from 92.9% in the prior quarter.","Backlog $8.64 billion; CEO highlights continued 20K operations with Beacon in U.S. Gulf of Mexico."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":1624000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206405,"accession_number":"0001451505-24-000105","cik":1451505,"company_name":"Transocean Ltd.","ticker":"RIG","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Transocean secures $531M, 1,095-day contract with bp for Deepwater Invictus","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Contract for ultra-deepwater drillship Deepwater Invictus with bp in U.S. Gulf of Mexico.","Program duration 1,095 days (approx. 3 years), expected to start Q1 2025.","Estimated backlog contribution of ~$531 million, excluding additional services and mobilization fee.","Announced on July 31, 2024, by Transocean Ltd. (NYSE: RIG)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6928639753.983011,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-07-31T23:59:59+00:00|206405"}