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