Operator

Good morning, everyone. Welcome to today's Transocean First Quarter 2026 Earnings Conference Call. [Operator Instructions]

Please note today's call is being recorded, and I will be standing by if you should need any assistance.

It is now my pleasure to turn the meeting over to Mr. David Keddington, Vice President and Treasurer. Mr. Keddington, please go ahead.

David Keddington
VP & Treasurer

Thank you, Bo, and good morning, everyone. Welcome to Transocean's first quarter earnings call. Leading today's call will be Transocean's President and Chief Executive Officer, Keelan Adamson. Keelan will be joined by other members of Transocean's executive management team, Chief Financial Officer, Thad Vayda; and Chief Commercial Officer, Roddy McKenzie.

In addition to the comments that will be shared on today's call, we'd like to direct you to our earnings release, fleet status report and 8-Ks filed yesterday that contain additional information, all of which is available on Transocean's website at www.deepwater.com.

Following our prepared comments, we will open the conference line for questions. Please limit your inquiries to one question and one follow-up as this will allow for more participants.

Before we begin, I'd like to remind everyone that today's call will include forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ materially.

With that, I'll hand it over to Transocean's CEO, Keelan Adamson.