# Transocean buys Songa Offshore **URL:** \ **Category:** Offshore\ **Created:** [August 15, 2017, 11:11am UTC](https://forum.gcaptain.com/t/transocean-buys-songa-offshore/45764 "2017-08-15T11:11:08Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [August 15, 2017, 11:11am UTC](https://forum.gcaptain.com/t/transocean-buys-songa-offshore/45764/1 "2017-08-15T11:11:08Z")
Transocean is active in the market again. Here from Sysla today: [https://sysla.no/offshore/transocean-vil-kjope-songa-offshore/](https://sysla.no/offshore/transocean-vil-kjope-songa-offshore/) If this is true Transocean will get some very nice new rigs for Arctic operations, but also some that is due for the scrapyard: [http://www.songaoffshore.com/Pages/Rigs.aspx](http://www.songaoffshore.com/Pages/Rigs.aspx) [http://gcaptain.com/transoceans-songa-offshore-deal-biggest-oil-downturn/](http://gcaptain.com/transoceans-songa-offshore-deal-biggest-oil-downturn/) That will make Frederik W. Mohn Transocean’s biggest shear holder and new member of the board. So Transocean come full circle. It took the name when the American company Sonet bought a Norwegian company called Transocean, which in turn was a grouping of Norwegian drilling contractors that took the name Transocean when they bought a German company by that name. ---
**Author:** ![Kraken](https://avatars.discourse-cdn.com/v4/letter/k/f07891/32.png) [@Kraken](https://forum.gcaptain.com/u/Kraken)\ **Post date:** [August 15, 2017, 2:05pm UTC](https://forum.gcaptain.com/t/transocean-buys-songa-offshore/45764/2 "2017-08-15T14:05:33Z")
Made 6000 kr 😛 bought 200 shares when it was on rock bottom, just for fun. It could have gone either way. ---
**Author:** ![c.captain](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/c.captain/32/807_2.png) [@c.captain](https://forum.gcaptain.com/u/c.captain)\ **Post date:** [August 15, 2017, 2:55pm UTC](https://forum.gcaptain.com/t/transocean-buys-songa-offshore/45764/3 "2017-08-15T14:55:36Z")
> [@ombugge](#): > > If this is true Transocean will get some very nice new rigs for Arctic operations, but also some that is due for the scrapyard: how about Transocean scrapping half of its fleet? Say everything built before 2000? ---
**Author:** ![Tellarian](https://avatars.discourse-cdn.com/v4/letter/t/aeb1de/32.png) [@Tellarian](https://forum.gcaptain.com/u/Tellarian)\ **Post date:** [August 15, 2017, 3:01pm UTC](https://forum.gcaptain.com/t/transocean-buys-songa-offshore/45764/4 "2017-08-15T15:01:38Z")
They’ve been trying… > **[Attempt to be made to refloat rig](http://www.bbc.co.uk/news/uk-scotland-highlands-islands-37148614)** > > A salvage team will attempt to refloat a 17,000 tonne drilling rig that became grounded on Lewis almost two weeks ago. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [August 15, 2017, 3:10pm UTC](https://forum.gcaptain.com/t/transocean-buys-songa-offshore/45764/5 "2017-08-15T15:10:42Z")
They got the money to buy Songa from selling the old Jackups to Borr Drilling ASA. Borr will probably get rid of the old R&B and Maersk rigs from the 1980’s and keep the newer Keppel FELS B-type rigs that they got hold of. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [August 17, 2017, 7:36pm UTC](https://forum.gcaptain.com/t/transocean-buys-songa-offshore/45764/6 "2017-08-17T19:36:44Z")
One of the rigs that will be part of the Transocean fleet soon is in the news for a different reason: [https://thebarentsobserver.com/en/ecology/2017/08/20-million-seabirds-barents-sea-greenpeace-protests-northernmost-oil-drilling](https://thebarentsobserver.com/en/ecology/2017/08/20-million-seabirds-barents-sea-greenpeace-protests-northernmost-oil-drilling) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 17, 2017, 11:01am UTC](https://forum.gcaptain.com/t/transocean-buys-songa-offshore/45764/7 "2017-09-17T11:01:31Z")
More details on the Transocean/Songa merger: [http://www.offshore-mag.com/articles/print/volume-77/issue-9/departments/vessels-rigs-surface-systems/transocean-to-acquire-songa-offshore.html](http://www.offshore-mag.com/articles/print/volume-77/issue-9/departments/vessels-rigs-surface-systems/transocean-to-acquire-songa-offshore.html)