Transocean (RIG -0.3%) offers an optimistic outlook at the Credit Suisse Energy Summit, noting...

Transocean (RIG -0.3%) offers an optimistic outlook at the Credit Suisse Energy Summit, noting improvement in the rig market in the last 12-18 months. RIG sees an $8.6B backlog in 2013 from continuing operations, including $7.6B in ultra-deepwater drillships. RIG says it is focused on improving operating results by improving revenue efficiency and out-of-service time.