Transocean

Transocean's story is a narrative of pioneering the impossible in the quest for energy. The journey began in 1953 with the founding of The Offshore Company, a venture that would soon revolutionize the industry. In 1954, the company launched Rig 51, the first mobile jackup rig in the Gulf of Mexico, setting a precedent for innovation that would define its future. Over the decades, the company expanded its capabilities and reach, not just through organic growth but through a series of strategic mergers that consolidated the industry's best talent and assets. Key milestones included the 1996 merger with Sonat Offshore Drilling, which formed Transocean Offshore, and the transformative 1999 merger with Sedco Forex, which created the world's largest offshore drilling contractor.

The company's evolution continued with the 2007 merger with GlobalSantaFe, cementing its position as the undisputed leader in deepwater and harsh-environment drilling. Throughout its history, Transocean has been at the forefront of technological advancement, from operating the first dynamically positioned drillship to deploying the world's first ultra-deepwater drillships equipped with 20,000 psi blowout preventers. Today, Transocean operates a fleet of the most versatile and capable mobile offshore drilling units in the world, working in the most challenging environments across the globe. What started with a single innovative rig has grown into a global powerhouse, dedicated to helping customers find and develop oil and natural gas reserves with a relentless focus on safety, performance, and sustainability.