Transocean and Valaris present Q1 losses
![Photo: PR/Transocean](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article13981580.ece/ALTERNATES/schema-16_9/doc7ktwvie8uold4t2c4b3.jpg)
Increasing activity and higher day rates may characterize the offshore drilling market, but the operating income among major rig companies is still under pressure.
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