Investors would be well-served to focus on Transocean's strong medium- and long-term prospects rather than expecting earth-shattering contract awards week after week.

Source: https://seekingalpha.com/article/4580923-transocean-q4-earnings-post-earnings-sell-off-provides-buying-opportunity?source=feed_all_articles

Transocean's high-specification drillships have been cold-stacked for many years already thus substantially increasing execution risk and reactivation expense.

Source: https://seekingalpha.com/article/4580923-transocean-q4-earnings-post-earnings-sell-off-provides-buying-opportunity?source=feed_all_articles