Transocean to take full ownership of Transocean Norge semisub

A joint venture between Swiss-based offshore driller Transocean and UK investment platform Hayfin Capital Management owns the 6th generation harsh-environment semisubmersible rig Transocean Norge. The offshore driller owns 33% of the joint venture while Hayfin owns the remaining 67%. Earlier this week, Transocean entered into a non-binding letter of intent with certain funds managed and …

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