Transocean Ltd. is an offshore contract drilling company that provides drilling services for oil and gas wells worldwide. The company specializes in operating mobile offshore drilling units, with a fleet that includes ultra-deepwater, deepwater, midwater, and harsh-environment rigs designed to work in technically demanding and remote marine locations. Transocean Ltd. contracts its rigs, equipment, and experienced crews to energy producers, supporting exploration, appraisal, and development drilling activities across major offshore basins. Its capabilities are particularly relevant for complex projects that require high-specification floating rigs, such as deepwater and ultra-deepwater fields. Headquartered in Steinhausen, Switzerland, and founded in 1953, Transocean Ltd. plays a significant role in the global energy supply chain by enabling access to offshore hydrocarbon resources that cannot be reached with land-based or shallow-water drilling solutions. The company’s operations are closely tied to activity levels in the upstream oil and gas industry and the demand for technologically advanced offshore drilling services.