Transocean Ltd.
Transocean Ltd. Amends Articles of Association for Share Capital Changes
Summary
On June 18, 2024, Transocean Ltd. amended its Articles of Association to reflect changes in its total issued share capital due to the issuance of 22,500,000 shares, which will be held in treasury. The amendment updates the share capital to U.S. $88,531,585.80, divided into 885,315,858 fully paid registered shares.
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About Transocean Ltd.
Transocean Ltd. is a leading offshore drilling contractor known for providing services in the exploration and production of oil and natural gas. Its primary function is to offer extensive deepwater and ultra-deepwater drilling capabilities to major oil companies worldwide. Operating one of the most advanced fleets in the industry, Transocean owns and manages a range of drilling rigs, with capabilities to work in harsh environmental conditions and at extreme water depths, showcasing its technological prowess. The company significantly impacts the energy sector, supporting the search for hydrocarbon resources in offshore locations globally. Headquartered in Switzerland, Transocean is a pivotal player in satisfying the global demand for fossil fuels, influencing energy supply chains and economic activities linked to oil markets. Its advanced technological solutions cater to an industry where safety, efficiency, and environmental considerations are paramount, thereby securing its position as a crucial partner for global energy companies.
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