Month: April 2025

Transocean Ltd. Reports First Quarter 2025 Results

 Three months ended    Three months ended    March 31, December 31, sequential March 31, year-over-year 2025 2024 change 2024 change(In millions, except per share amounts, percentages and backlog)              Contract drilling revenues$906  $952  $(46) $763  $143 Revenue efficiency (1) 95.5%  93.5%     92.9%   Operating and maintenance expense$618  $579  $(39) $523  $(95)Net...