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.
Executive Vice President and Chief Commercial Officer
Mark Mey
Executive Vice President and CFO
Jeremy Thigpen
CEO and Board Member
6 past transactions
Nauticus Robotics
Post in 2023
Nauticus Robotics, founded in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robots for ocean industries. The company offers eco-friendly alternatives to traditional methods that have detrimental environmental impacts. Nauticus focuses on streamlining operations through robotic systems that provide essential data collection, analytics, and subsea manipulation capabilities. Its business model includes the sale of vehicles and components, as well as the licensing of related software to commercial and defense sectors. By enhancing operational efficiency and reducing greenhouse gas emissions, Nauticus aims to improve health and safety in offshore environments while protecting marine life.
Global Sea Mineral Resources
Corporate Round in 2023
Global Sea Mineral Resources (GSR) is a subsidiary of the DEME Group, which develops deep-sea exploratory resources in dredging and marine engineering.
Nauticus Robotics
Post in 2022
Nauticus Robotics, founded in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robots for ocean industries. The company offers eco-friendly alternatives to traditional methods that have detrimental environmental impacts. Nauticus focuses on streamlining operations through robotic systems that provide essential data collection, analytics, and subsea manipulation capabilities. Its business model includes the sale of vehicles and components, as well as the licensing of related software to commercial and defense sectors. By enhancing operational efficiency and reducing greenhouse gas emissions, Nauticus aims to improve health and safety in offshore environments while protecting marine life.
Nauticus Robotics
Debt Financing in 2021
Nauticus Robotics, founded in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robots for ocean industries. The company offers eco-friendly alternatives to traditional methods that have detrimental environmental impacts. Nauticus focuses on streamlining operations through robotic systems that provide essential data collection, analytics, and subsea manipulation capabilities. Its business model includes the sale of vehicles and components, as well as the licensing of related software to commercial and defense sectors. By enhancing operational efficiency and reducing greenhouse gas emissions, Nauticus aims to improve health and safety in offshore environments while protecting marine life.
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 midwater drilling contractor that specializes in offshore drilling services, focusing on the exploration and production of oil resources primarily in the North Atlantic basin. The company owns and operates a fleet of two semi-submersible rigs, which are utilized for drilling activities in the midwater segment, particularly on the Norwegian Continental Shelf. Through its operations, Songa Offshore plays a significant role in the offshore oil industry, contributing to the development of vital energy resources in the region.
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