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News  ›  GlobeNewswire Inc.

Transocean Ltd. Reports Third Quarter 2025 Results

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Transocean Ltd.
Transocean Ltd. Reports Third Quarter 2025 Results

Offshore drilling company Transocean reported a net loss of $1.92 billion in Q3 2025, primarily due to significant asset impairment charges, while improving operational performance and taking steps to reduce debt.

Insights
RIG   negative

Reported a substantial net loss of $1.92 billion, primarily from $1.908 billion in asset impairment charges, indicating challenging market conditions and potential asset devaluation in the offshore drilling sector