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Transocean to merge with Valaris by Q4 2026

PUBLIC · RIGOct 15, 2026

Acquiring Company

Transocean Ltd

Acquired Company

Valaris

GenevaBrazilEnergyOil And GasOil And GasWater

Description

Transocean Ltd. announced that Brazil's CADE approved its merger with Valaris Limited on October 13, 2026. The merger is expected to close in Q4 2026, subject to remaining conditions. Transocean will acquire Valaris shares at a ratio of 15.235 Transocean shares per Valaris share. A 15-day waiting period follows the CADE's decision publication.

Company Information

Company

Transocean Ltd

Location

Geneva, Geneva, Switzerland

About

Transocean Ltd. is a leader in providing offshore drilling services for oil and gas exploration and production. The company operates a fleet of advanced drilling rigs, emphasizing deepwater drilling capabilities. Transocean offers a range of services including rig management and drilling engineering support tailored to meet the needs of major energy companies. Its geographic focus spans international waters, primarily in regions with high demand for deepwater drilling services. The company continually updates its clients through reports such as the Fleet Status Report, reflecting its commitment to transparency and innovation in the offshore drilling sector.

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Frequently asked

Who acquired Valaris?

Valaris was acquired by Transocean Ltd, based in Geneva. The deal was reported on October 15, 2026. Transocean Ltd. is a leader in providing offshore drilling services for oil and gas exploration and production. The company operates a fleet of advanced drilling rigs, emphasizing deepwater drilling capabilities. Transocean Ltd is publicly traded (RIG) and operates in Energy.

When did Transocean Ltd acquire Valaris?

Transocean Ltd's acquisition of Valaris was reported on October 15, 2026. Transocean Ltd. announced that Brazil's CADE approved its merger with Valaris Limited on October 13, 2026. The merger is expected to close in Q4 2026, subject to remaining conditions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Valaris do?

Valaris is the world’s largest offshore drill contractor, providing services to the oil and gas industry with a versatile fleet. It is publicly traded (VAL), operating in Oil And Gas, and is based in Brazil.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.