Transocean Expects Its Q2 2018 Revenues to Rise 14%
Transocean (RIG) expects its second-quarter revenues to increase 14% from the first quarter. In the first quarter, Transocean’s (RIG) drilling revenues were $664 million—5.5% higher than its revenues of $629 million in the previous quarter and 11.2% lower than its revenues of $748 million in the first quarter of 2017. Transocean acquired these floaters from Songa on January 30.