Advertisement
UK markets open in 5 hours 17 minutes
  • NIKKEI 225

    37,885.85
    -75.95 (-0.20%)
     
  • HANG SENG

    16,253.24
    +1.40 (+0.01%)
     
  • CRUDE OIL

    82.57
    -0.12 (-0.15%)
     
  • GOLD FUTURES

    2,378.90
    -9.50 (-0.40%)
     
  • DOW

    37,753.31
    -45.66 (-0.12%)
     
  • Bitcoin GBP

    49,444.26
    -1,822.74 (-3.56%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • NASDAQ Composite

    15,683.37
    -181.88 (-1.15%)
     
  • UK FTSE All Share

    4,273.02
    +12.61 (+0.30%)
     

Transocean’s Revenues Increased in the First Quarter

Transocean’s Revenues Increased in 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 was the only company among its peers that saw higher revenues from the fourth quarter. Transocean expects its second-quarter revenues to increase 14% from the first quarter.