July 26, 2007
Transocean has a four-patent portfolio that constitutes a working rig. Having drilled GlobalSanteFe (GSF) for infringement a few years back, Transocean now aims its bit at Maersk Contractors.
Maersk is being hit for an ultra deepwater semisubmersible drilling rig it being built on contract in Singapore. Subsequently, Maersk got a contract for an estimated $696 million from Statoil Gulf of Mexico for using the rig for four years of drilling.
GSF got nailed with a $5.1 million judgment on willful infringement, and enjoined from further infringement for its rig. In February, GSF agreed to pay a one-time license fee of $12 million to keep its operations running. Just this week, Transocean and GSF announced plans to merge, thus creating a $53 billion corporate big rig that will reportedly be over twice the size, by number of rigs, to its next largest competitor, Noble. The combined Transocean company would boast a 146-rig fleet.
Transocean filed its complaint in the Southern District of Texas.
Posted by Patent Hawk at July 26, 2007 1:00 AM | Litigation
Monday, Transocean settled its patent enforcement action against competitor Noble. Noble took a license, pays a royalty, and all keep drilling away.
Posted by: Patent Hawk at July 31, 2007 2:48 PM