- Transocean Partners, the MLP formed by Transocean (NYSE:RIG), files for its IPO; it will look to sell up to $350M in common units, although the number of units to be sold under the offering is not specified.
- Transocean Partners says its initial assets consist of 51% interest in rig companies that own and operate three ultra-deepwater drilling rigs operating in the Gulf of Mexico, while RIG owns the remaining 49% stake; it plans to list its shares on the NYSE under the symbol RIGP.
- RIG +2% premarket.