Transocean Case

Decent Essays
Transocean is one of the largest companies that provides offshore contract drilling services and equipment for oil and gas. The company was founded by. The company has offices in 20 countries, including the United States, Switzerland, Canada, Norway, and many more. The company was founded in 1973. It came from the Southern Natural Gas Company. The company created the Offshore Company after acquiring the joint drilling operation DeLong-McDermott from DeLong Engineering and J. Ray McDermott. In 1967, the company went public after the launch of the first mobile jack up rig, Rig 51, in the Gulf of Mexico. In 1996, the company acquired Norwegian group Transocean ASA, which started as a whaling company and expanded through a series of mergers. The

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