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RIG Transocean Ltd

5.40
0.13 (2.47%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Transocean Ltd NYSE:RIG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.13 2.47% 5.40 5.49 5.31 5.33 20,907,460 01:00:00

Transocean Ltd. Closes the Acquisition of Ocean Rig UDW Inc.

05/12/2018 7:58pm

GlobeNewswire Inc.


Transocean (NYSE:RIG)
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Transocean Ltd. (NYSE: RIG) announced today that it has completed the acquisition of Ocean Rig UDW Inc. The acquisition adds nine high-specification ultra-deepwater drillships, two harsh environment semisubmersibles, and two high-specification ultra-deepwater drillships currently under construction to Transocean’s existing fleet.

Transocean Ltd.

About Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates the highest specification floating offshore drilling fleet in the world.

Transocean owns or has partial ownership interests in, and operates a fleet of 52 mobile offshore drilling units consisting of 32 ultra-deepwater floaters, 14 harsh environment floaters, two deepwater floaters and four midwater floaters. In addition, Transocean is constructing four ultra-deepwater drillships; and one harsh environment semisubmersible in which the company has a 33.0% interest.

Analyst Contacts:Bradley Alexander+1 713-232-7515

Lexington May+1 832-587-6515

Media Contact:Pam Easton+1 713-232-7647

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