Merger/Acquisition History

1993

Sonat Offshore Drilling Inc.

(15 MODU’s)

1996

Transocean ASA

Transocean Offshore Inc.

(32 MODU’s)

Schlumberger LTD

Sedco Forex Holdings Ltd.

2001

R&B Falcon

1999

Transocean Sedco Forex

(72 MODU’s)

(164 MODU’s/barges)

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