Transocean Ltd. (RIG) Q1 2023 Earnings Call Transcript

Transocean Ltd. (NYSE:RIG) Q1 2023 Earnings Convention Name Could 2, 2023 9:00 AM ET

Firm Individuals

Alison Johnson – Director-Investor Relations

Jeremy Thigpen – Chief Government Officer

Keelan Adamson – President and Chief Working Officer

Mark Mey – Government Vice President and Chief Monetary Officer

Roddie Mackenzie – Government Vice President and Chief Industrial Officer

Convention Name Individuals

James West – Evercore ISI

Thomas Johnson – Morgan Stanley

Eddie Kim – Barclays

David Smith – Pickering Vitality Companions

Kurt Hallead – Benchmark

Fredrik Stene – Clarksons Securities


Good day, everybody and welcome to Q1 2023 Transocean’s Earnings Name. At the moment, all contributors are in a listen-only mode. Later, you may have a possibility to ask questions in the course of the question-and-answer session. [Operator Instructions] Please word, this name is being recorded.

It’s now my pleasure to show at the moment’s program over to Alison Johnson, Director of Investor Relations. Please go forward.

Alison Johnson

Thanks, Gretchen. Good morning and welcome to Transocean’s first quarter 2023 earnings convention name. A replica of our press launch protecting monetary outcomes, together with supporting statements and schedules, together with reconciliations and disclosures concerning non-GAAP monetary measures are posted on our web site at

Becoming a member of me on this morning’s name are Jeremy Thigpen, Chief Government Officer; Keelan Adamson, President and Chief Working Officer; Mark Mey, Government Vice President and Chief Monetary Officer; and Roddie Mackenzie, Government Vice President and Chief Industrial Officer.

Throughout the course of this name, Transocean administration could make sure forward-looking statements concerning numerous issues associated to our enterprise and firm that aren’t historic information. Such statements are based mostly upon present expectations and sure assumptions, and subsequently, are topic to sure dangers and uncertainties.

Many elements may trigger precise outcomes to vary materially. Please seek advice from our SEC filings for our forward-looking statements and

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