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Transocean to acquire Valaris by Q4 2023
PUBLIC · RIGAug 09, 2026•about 2 hours ago
Acquiring Company
Transocean
Acquired Company
Valaris
BrazilEnergyOil And GasOil And GasWater
Description
Transocean announced that it expects to complete its acquisition of Valaris in the fourth quarter of this year, pending regulatory approvals. The acquisition is part of Transocean's strategic plan to enhance its operational capabilities and fleet. This move is expected to strengthen Transocean's position in the offshore drilling market.
Company Information
Company
Transocean
About
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company has a strong fleet of technologically advanced offshore drilling rigs. Their expertise ensures safe and efficient drilling operations worldwide. Transocean is headquartered in Geneva, Switzerland.
BrazilEnergyOil And GasOil And GasWater