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    Shelf Drilling Completes Acquisition of 38 Rigs from Transocean

    30 November 2012

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    Shelf Drilling Holdings Ltd (‘Shelf Drilling’), a newly-formed focused provider of shallow water drilling services in Asia, Africa and the Middle East, announces the closing of its $1.05 billion acquisition of 37 jackup drilling rigs, one swamp barge, and associated operations from Transocean Ltd (NYSE:RIG). The transaction was effected pursuant to the terms of the …

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