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Jenny Speck to Speak at Lockton U.S. Energy Risk Summit
Partner Jenny Speck will speak at Lockton’s U.S. Energy Risk Summit on November 12, 2026, in Houston, Texas. The summit …
November 12, 2026
November 12, 2026 • 1-minute read
Vinson & Elkins advised the underwriters, led by Morgan Stanley & Co. LLC and Citigroup Global Markets Inc., in connection with an upsized underwritten public offering of 125,000,000 shares of Transocean Ltd. (NYSE: RIG) (“Transocean”) at a price to the public of $3.05 per share.
The offering reflects an increase from the 100,000,000 Transocean shares originally proposed to be sold. In connection with the offering, Transocean granted the underwriters an option for a period of 30 days to purchase up to an additional 18,750,000 Transocean shares at the public offering price, less underwriting discounts, and commissions, which the underwriters fully exercised prior to closing. The offering is expected to close on Friday, September 26, 2025, subject to customary closing conditions.
The Vinson & Elkins corporate team was led by partners Mike Telle and Ben Heriaud and associate Walt Baker, with assistance from associates Patience Li, Ryan Dolmanet, and Ishaan Golding. Also advising were partner Wendy Salinas and associates Jeff Slusher and Addy Jackson.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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