Transocean
Transocean is an international provider of offshore contract drilling services for oil and gas wells, specializing in technically demanding sectors such as deepwater and harsh environment drilling. The company operates the world's highest specification floating offshore drilling fleet, which includes drillships, semi-submersibles, and jack-up rigs. These rigs are utilized in various offshore locations for oil and gas exploration and production. By contracting mobile offshore drilling rigs, along with the necessary equipment and work crews, Transocean plays a critical role in the global energy sector.
Past deals in Oilfield Services
Ocean Rig UDW
Acquisition in 2018
Ocean Rig UDW is an offshore drilling contractor based in Athens, Greece, specializing in oilfield services for offshore oil and gas exploration, development, and production drilling. The company operates in the ultra-deepwater and harsh-environment segments of the offshore drilling industry, owning and managing a fleet of 13 ultra-deepwater drilling units, which includes 2 semisubmersible drilling rigs and 11 drillships. Established in 1996, Ocean Rig is recognized for its commitment to catering to the demanding conditions of offshore drilling, providing essential services to support energy exploration and production. As of December 2018, Ocean Rig operates as a subsidiary of Transocean Ltd.
Songa Offshore
Acquisition in 2017
Songa Offshore is a drilling contractor specializing in midwater operations. It owns and operates two semi-submersible rigs, serving the exploration and production drilling needs of clients primarily within the Norwegian Continental Shelf and the broader North Atlantic region.
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