What is RIG Transocean?

Written by Editorial Team | Last Updated: August 2026

RIG is the official stock ticker symbol for Transocean Ltd., the world's largest international provider of offshore contract drilling services for oil and gas wells. Headquartered in Steinhausen, Switzerland, the company specializes in ultra-deepwater and harsh-environment drilling operations. Transocean owns and operates a massive floating rig fleet consisting of drillships and semi-submersible rigs, serving major global energy corporations in exploring and developing offshore hydrocarbon reserves worldwide.

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