transocean
Adjective
Meaning
transocean (not comparable)
That crosses an ocean
Examples
Japan Transocean Air (JTA) on Friday chose to continue operating an all-Boeing fleet of 737s when it finalized an order for 12 737-800s.
The wells, drilled by the semi-submersible drilling rig Transocean Barents, are located approximately 500 kilometres east of St. John’s.
The company, which had a three-year partnership with Transocean Inc (the largest drilling company in the world), ended up acquiring two swamp drilling rigs from Transocean, viz.: Searex-VI and Searex-XII.
Brave Asset Management Inc. grew its holdings in shares of Transocean by 149.8% in the 1st quarter.
Nomura Asset Management Co. Ltd. boosted its position in Transocean LTD (NYSE:RIG) by 128.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
Transocean has also seen its balance sheet deteriorate despite proceeds from the sale or scrapping of older vessels.