Transocean-led venture acquires ultradeepwater drillship

Nov. 18, 2022
Transocean and its joint venture partners have agreed to acquire a newbuild ultradeepwater drillship from DSME for about $200 million.

Offshore staff

STEINHAUSEN, Switzerland  Transocean and its joint venture (JV) partners have agreed to acquire a newbuild ultradeepwater drillship from DSME for about $200 million.

Other partners in the Liquila Ventures JV are Perestroika A.S. with funds managed by Lime Rock Management.

Hull 3623, previously known as West Aquila, is a seventh-generation, dual-activity, 1,400 short-ton hookload drilling vessel with a large deck space and high load capacities. It will be dual-stack ready.

Transocean has an exclusive right to market and manage the operations of the rig, which DSME is due to deliver next summer.

11.18.2022

Courtesy Altera Infrastructure Holdings
Courtesy SBM Offshore's "Full-year Results 2023" presentation