Transocean Ltd (Switzerland) (RIG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome everyone joining today's Q2 2026 Transocean earnings call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question and answer session. To register to ask a question at any time, please press star 1 on your telephone keypad. Please note this call is being recorded and we are standing by if you should need any assistance. It is now my pleasure to turn the meeting over to David Kettington, Vice President and Treasurer. Please go ahead. Thank you, Madison, and good morning, everyone. Welcome to Transocean's second quarter earnings call. Leading today's call will be Transocean's president and chief executive officer, Keelan Adamson. Keelan will be joined by chief financial officer, Thad Vayda, and chief commercial officer, Roderick Mackenzie. In addition to the comments that will be shared on today's call, we'd like to direct you to our earnings release, fleet status report, and associated 8Ks filed yesterday that contain additional information, all of which is available on Transocean's website at www.deepwater.com. Following our prepared remarks, we will open the conference line for questions. Please limit your inquiries to one question and one follow-up to allow us to hear from more participants. I'd like to remind everyone that today's call will include forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially. With that, I'll hand the call over to Transocean's CEO, Keelan Adamson. Good morning, everyone. Thanks for joining us. This is what I will cover today. First, I'll summarize our operational performance. Next, I'll provide some thoughts on the industry and market and why we continue to see strong demand f...