Transocean is a top offshore drilling contractor, providing rigs and equipment to help its customers find and develop oil and natural gas reserves.
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Deepwater drilling is their specialty and where their industry leading expertise lies. See a lot of the big players move here for giant contracts with these crazy high day rates over the next couple of years.As long as downtime doesn't hit them hard and their marketing can keep fleet utilization up - they are set to really outperform. Also, who knows what Carl is going to push for