Transocean subsidiary files for IPO

IPO: Transocean subsidiary to own deep-water rigs

Rig giant Transocean has filed for an initial public offering of shares for a subsidiary that will start out owning majority stakes in three modern deep-water rigs currently operating in the US Gulf of Mexico.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login