Transocean has announced that one of its wholly owned subsidiaries has agreed to make an investment in Global Sea Mineral Resources (GSR) in exchange for a non-controlling interest in the company.
Transocean’s Ocean Rig Olympia drill rig will be used by Global Sea Mineral Resources during exploration for polymetallic nodules on the seabed
GSR is the deep-sea mineral exploratory division of DEME Group and is engaged in the development and exploration of deep-sea polymetallic nodules that contain metals critical to the growing renewable energy...
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