NYSE: RIG 2.84 0.08 2.74% 4:00 P.M. ET Transocean MENU OUR HISTORY Today's Transocean is the modern descendant of the world's most innovative and successful deepwater drilling companies, and the pioneering people who made them great. A LEGACY OF BOLD LEADERSHIP For generations Transocean and its legacy companies have led the offshore drilling industry with the most innovative and sophisticated technology, and the people that put it to record-setting use. From the first mobile jackup rig and the first drillship, both in the 1950s, to the 2016 drillships that incorporate our designed and patented Active Power Compensation® hybrid system, we're are still pushing the curve. 1920s Transocean traces its roots to onshore drilling operations, where T.S. "Stoney" Stoneman began his career as a draftsman and then a landman before joining the Danciger Oil & Refining Company of Fort Worth, Texas in 1926. Mr. Stoneman bought the company's first drilling rig, paying for it with a personal check and putting it on his expense report. He would later play key leadership roles in pioneering offshore drilling with The Offshore Company. 1930s 1940s 1950s 1960s 1970s 1980s 1990s 2000s 2010s BACK TO TOP Transocean ABOUT CONTACT ©2021 TRANSOCEAN LTD. LEGAL/PRIVACY NOTICE