March 19, 2018 1:32 AM ET

Energy Equipment and Services

Company Overview of Transocean Partners LLC

Company Overview

Transocean Partners LLC, together with its subsidiaries, operates as an offshore drilling contractor in the United States Gulf of Mexico. The company acquires, owns, and operates offshore drilling rigs. At February 11, 2016, it operated a fleet of two ultra-deep water drill ships; and one ultra-deep water semisubmersible rig. The company was founded in 2014 and is headquartered in London, the United Kingdom. As of December 9, 2016, Transocean Partners LLC operates as a subsidiary of Transocean Ltd.

40 George Street

London,  W1U 7DW

United Kingdom

Founded in 2014

566 Employees


44 20 3675 8410

Key Executives for Transocean Partners LLC

Transocean Partners LLC does not have any Key Executives recorded.

Transocean Partners LLC Key Developments

Transocean Partners LLC Announces Executive Changes

As of the effective time of the Merger, Kathleen McAllister ceased to be President, Chief Executive Officer and Chief Financial Officer of Transocean Partners and Kathleen McAllister, Glyn A. Barker, Brady K. Long, Michael D. Lynch-Bell, Mark L. Mey, John K. Plaxton and Norman J. Szydlowski each ceased to be directors of Transocean Partners. Garry Taylor, Ian Paterson and David Walls were elected as directors of Transocean Partners following the completion of the Merger. Garry Taylor was appointed as the President, Chief Executive Officer and Chief Financial Officer of Transocean Partners following the completion of the Merger.

Transocean Partners' Common Units Delisted From New York Stock Exchange

Transocean Ltd. announced the closing of the acquisition of Transocean Partners. Each outstanding public common unit of Transocean Partners was converted into the right to receive 1.20 shares of Transocean Ltd., which issued approximately 23.8 million shares related to the transaction. In connection with the closing, Transocean Partners' common units were delisted from the New York Stock Exchange effective December 9, 2016.

Transocean Partners LLC Announces Quarterly Distribution Payable on November 22, 2016

Transocean Partners LLC announced that the board of directors declared the minimum quarterly distribution for the quarter ending September 30, 2016. The distribution is $0.3625 per unit, or approximately $25 million based upon the number of currently outstanding units. The distribution is payable on November 22, 2016 with record date of November 14, 2016 and Ex-Dividend date of November 10, 2016.

Similar Private Companies By Industry

Company Name Region
3sun Limited Europe
Acteon Group Limited Europe
African Century Infrastructure Services Europe
Alderley plc Europe
AnTech Limited Europe

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Transocean Partners LLC, please visit Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at