Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Case
-
Reference no. CBS028
Published by: Nordic Case House, Copenhagen Business School
Published in: 2023
Length: 9 pages
Data source: Field research

Abstract

This is part of a case series. The Transocean (A) and (B) cases provide snapshots of two points in time in the company's history - the first in 2009 after a period of superior earnings and the second in 2023 after several years of poor performance. The two cases describe the same public company [NYSE: RIG] at two points in time characterized by vastly different financial and economic circumstances as well as different sets of senior executives. The cases highlight how different the same organization can appear within a relatively short 20-year period marked by the global financial crisis in 2007-2009, a major oil-rig explosion in 2010, a waning outlook in 2014, the slowdown due to the COVID-19 pandemic in 2020, and a potential economic recovery.

Teaching and learning

This item is suitable for undergraduate and postgraduate courses.

Time period

The events covered by this case took place in 2009-2023.

Geographical setting

Region:
Europe
Countries:
United States; Switzerland
Locations:
Birmingham - Alabama;Vernier

About

Abstract

This is part of a case series. The Transocean (A) and (B) cases provide snapshots of two points in time in the company's history - the first in 2009 after a period of superior earnings and the second in 2023 after several years of poor performance. The two cases describe the same public company [NYSE: RIG] at two points in time characterized by vastly different financial and economic circumstances as well as different sets of senior executives. The cases highlight how different the same organization can appear within a relatively short 20-year period marked by the global financial crisis in 2007-2009, a major oil-rig explosion in 2010, a waning outlook in 2014, the slowdown due to the COVID-19 pandemic in 2020, and a potential economic recovery.

Teaching and learning

This item is suitable for undergraduate and postgraduate courses.

Settings

Time period

The events covered by this case took place in 2009-2023.

Geographical setting

Region:
Europe
Countries:
United States; Switzerland
Locations:
Birmingham - Alabama;Vernier

Related