# Transocean joint venture to buy drillship Hull 3623 from DSME for $200M

A Transocean subsidiary, Perestroika AS and Lime Rock Management formed a joint venture to purchase the ultradeepwater drillship Hull 3623 from Daewoo Shipbuilding & Marine Engineering for around $200 million.

- Type: Acquisition
- Announced: 2022-12-13
- Where: South Korea
- Value: $200.0M
- Status: announced
- Products: ultradeepwater drillship
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Daewoo Shipbuilding & Marine Engineering](https://endata.com/companies/339.md) (target)
- [Transocean](https://endata.com/companies/762.md) (acquirer)
- [Perestroika AS](https://endata.com/companies/67304.md) (partner)
- [Lime Rock Management](https://endata.com/companies/67305.md) (investor)

## Sources

- [jpt.spe.org](https://jpt.spe.org/drillship-duo-nets-1-billion-commitment-from-petrobras), 2022-12-13: "A Transocean subsidiary, together with Perestroika AS and funds managed by Lime Rock Management, formed a joint venture to purchase Hull 3623, the ultradeepwater newbuild drillship formerly known as West Aquila, from Daewoo Shipbuilding & Marine Engineering (DSME) for around $200 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.