Transocean subsidiary files for IPO

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.

IPO: Transocean subsidiary to own deep-water rigs
IPO: Transocean subsidiary to own deep-water rigs
Published 22 July 2014, 21:47Updated 11 October 2016, 16:23