(EnergyAsia, October 31, Wednesday) — NYSE-listed Transocean Inc said a subsidiary has exercised its option to purchase a 50% interest in a joint venture company with Pacific Drilling Limited for $238 million.The joint-venture company will own two ultra-deepwater Samsung-design drillships that are currently under construction in South Korea.Under the terms of an exclusive marketing agreement,…
KOREA: Transocean to jointly own and operate two new ultra-deepwater drillships under construction
Posted on October 30, 2007 by EnergyAsia