Rig company Transocean said it consolidated its holdings and said Monday it grabbed a majority interest in three additional offshore drilling assets. Transocean said it agreed to acquire any outstanding shares in its limited liability component Transocean Partners, which becomes 100 percent owned by Transocean Ltd. The deal means the parent company controls a majority stake in the Discoverer Inspiration, the Discoverer Clear Leader and the Development Driller III offshore rigs. “We are excited about this merger, as it provides significant and immediate benefits to Transocean in the form of simplified administration and governance, tangible cost savings and improved liquidity,” Transocean President and CEO Jeremy Thigpen said in a statement. “The contemplated all-equity transaction is entirely consistent with Transocean’s current liquidity objectives.” Transocean in […]