Transocean - M&A Summary and Business Overview

Oil/gas ExplorationCompany

Transocean M&A Summary

Transocean has acquired 7 companies, including 2 in the last 5 years. It has also divested 1 asset.

Transocean’s largest acquisition to date was in 2007, when it acquired GlobalSantaFe for $17.0B. It’s largest disclosed sale occurred in 2012, when it sold Shelf Drilling to CPE Capital for $1.1B. Transocean has acquired in 1 US state, and 6 countries. The Company’s most targeted sectors include energy services and equipment (29%) and oil/gas exploration (29%).

Transocean Business Overview

Where is Transocean headquartered?

Transocean is headquartered in Steinhausen, Switzerland.

What is Transocean’s revenue?

Transocean disclosed revenue of 2,832M USD for 2023 and 2,575M USD for 2022.

How many employees does Transocean have?

Transocean has 5,430 employees.

What sector is Transocean in?

Transocean is an oil/gas exploration company.

When was Transocean founded?

Transocean was founded in 1926.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity7
    • M&A Sell Activity1
  • Total Sectors Invested 5
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 2
  • M&A Advisors 7

Transocean

Transocean Ltd.

Turmstrasse 30,
Steinhausen, 6312
Switzerland,
+41 41 749 0500
www.deepwater.com

Transocean is a provider of offshore contract drilling services for energy companies, owning and operating among versatile fleets with a particular focus on deepwater and harsh-environment drilling. Transocean was founded in 1926 and is based in Steinhausen, Switzerland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 5 - - 2 - - 7
vol $21.9B $21.9B
Sell (0.0/yr) # 1 - - - - - 1
vol $1.1B $1.1B
  8

Most Recent M&A

Company Date Value Type
Liquila Ventures Ltd. 2022-11-17 - Joint Venture
, Bermuda
Ocean Minerals LLC 2022-03-29 - Stake Purchase
Grand Cayman, Texas · www.omlus.com
Ocean Rig UDW, Inc. 2018-09-04 - Add-on Acquisition
George Town, Cayman Islands · www.ocean-rig.com
Songa Offshore SE 2017-08-15 3.4B USD Add-on Acquisition
Limassol, Cyprus
Transocean Partners LLC 2016-08-01 - Add-on Acquisition
London, United Kingdom · www.transoceanpartners.com
Shelf Drilling Ltd. 2012-11-30 1.1B USD Divestiture
Dubai, United Arab Emirates · www.shelfdrilling.com
Aker Drilling ASA 2011-08-15 1.5B USD Add-on Acquisition
Stavanger, Norway
GlobalSantaFe Corp. 2007-07-23 17.0B USD Merger
Houston, Texas · www.globalsantafe.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (29%) 18.5B (84%) 1 (100%) 1.1B (100%)
Energy Services and Equipment 2 (29%) 3.4B (16%) - -
Financial Services 1 (14%) - - -
Marine 1 (14%) - - -
Metals/Mining 1 (14%) - - -
Total 7 $21.9B 1 $1.1B

By Geo

State/Country Buy Value Sell Value
Cayman Islands 2 - - -
  Texas 1 - - -
Bermuda 1 - - -
Cyprus 1 3.4B - -
Norway 1 1.5B - -
United Arab Emirates - - 1 1.1B
United Kingdom 1 - - -
United States 1 17.0B - -
  Texas 1 17.0B - -
Domestic - - - -
Cross-border 7 (100%) 21.9B (100%) 1 (100%) 1.1B (100%)
Total 7 $21.9B 1 $1.1B

Top M&A Advisors

Financial Deals
Goldman Sachs
1
Morgan Stanley
1
Fearnley Securities
1
Legal Deals
Wikborg Rein & Co.
2
Baker Botts
1
King & Spalding
1

Deal Values

buy # Total
> $1B 3 $21.9B
TOTAL $21.9B
Largest GlobalSantaFe Corp.
$17.0B (2007-07-23)
sell # Total
> $1B 1 $1.1B
TOTAL $1.1B
Largest Shelf Drilling Ltd.
$1.1B (2012-11-30)

M&A Connections

Deals
Divested to
Investor(s)
100%
1 (100%)

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