Transocean Ltd. Shareholders Approve Acquisition of Ocean Rig UDW Inc.

Source: www.gulfoilandgas.com 11/29/2018, Location: North America

Transocean Ltd. announced today that its shareholders approved the acquisition of Ocean Rig UDW Inc. (Ocean Rig), by approving the proposals presented at Transocean’s Extraordinary General Meeting.

“We are extremely pleased that our shareholders have overwhelmingly approved our acquisition of Ocean Rig,” said Jeremy Thigpen, President and CEO.

“Through this combination, Transocean further enhances our industry-leading fleet of high specification floaters, thus improving our competitive position.

We are excited to begin actively marketing these assets into the growing list of opportunities we continue to see emerging across our global customer base.” Thigpen concluded, “We look forward to closing the transaction in the coming days and welcoming Ocean Rig’s experienced crews into the company.”


Denmark >>  4/29/2025 - ESG, a global leader in energy SaaS solutions, today announced the acquisition of CUBS, the leading provider of billing solutions for energy companies...
United Kingdom >>  4/25/2025 - “This milestone marks a significant step forward in Kpler’s mission to deliver decision defining insights across the global trade sector,” said Mark C...

United States >>  4/25/2025 - Vortex Companies, a global leader in trenchless water and sewer infrastructure solutions, has acquired Prism Contractors & Engineers, Inc. ("Prism"), ...
United States >>  4/25/2025 - Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that the Company and Juniper Capital Advisors, L.P. (“Juniper”) have en...

Poland >>  4/24/2025 - Fortum has signed an agreement to acquire the shareholding in the Polish electricity solutions provider Orange Energia Sp. z o.o. on a cash and debt-f...
Spain >>  4/23/2025 - Neoenergia has reached an agreement to sell 50% of its stake in the Itabapoana transmission asset to GIC. The transaction is valued at R$ 127.5 millio...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.