Transocean Inc. (RIG) announced Loss for its first quarter that increased from the same period last year and missed the Street estimates. The company's bottom line came in at -$465 million, or -$0.
Total contract drilling revenues were $649 million, compared to $606 million in the fourth quarter of 2022 (total adjusted contract drilling revenues of.
Item 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
On April 6, 2023, the Articles of Association of Transocean Ltd.
were amended to reflect changes in
the Company s. | April 10, 2023
BRUSSELS (dpa-AFX) - Transocean Inc. (RIG) revealed Loss for its fourth quarter that increased from last year and missed the Street estimates.The company's bottom line totaled -$350 million, or
Ronald Kuehn, recently named chairman and CEO of El Paso Corp., has resigned from Transocean Inc., effective Monday. Kuehn apparently told Transocean management that his resignation would allow him to devote additional time to his El Paso duties. He said the move also would avoid the appearance of conflicts of interest that could arise with the recent appointment of J. Michael Talbert, Transocean's chairman. Kuehn had served on the offshore drilling contractor's board and its predecessor companies since 1975.