The company offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and project management services, as well as explores, develops, and produces oil and gas resources.

FORBES: Strong Buys Among Oil Stocks

In addition to drilling services, Transocean also provides provides well and logistics services through its integrated services division and also turnkey drilling solutions, planning, engineering and management services and competes with companies like Noble Corp and Diamond Offshore Drilling.

FORBES: Getting Beyond Gulf Spill, Transocean Sails To $86

It provides engineering, drilling, fracking, well site services, well logging and support services to the energy patch.

FORBES: Bondholders Beware: More M&A Activity Is On The Way

Banks won't lend the money until much more drilling is done, serious engineering work is completed and a feasibility study is presented sometime in 2004 that shows how much copper and gold can be mined at a profit.

FORBES: Companies & Strategies

Russia's oil and gas bosses, almost all of them educated in Soviet engineering and oil-drilling schools, resented foreigners.

ECONOMIST: Russian energy

This is a shame, because the truth is that, of the two technologies, Horizontal Drilling is the real marvel of engineering and scientific innovation.

FORBES: Horizontal Drilling: A Technological Marvel Ignored

Few have the background in oil and gas engineering to help Petrobras expand its operations in deep sea drilling off the Atlantic.

FORBES: Brazil's Strengthening Currency Poses Competition Problem