Transocean Ltd. (RIG): "INTELIE by Viasat Joins Transocean, Int...

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Monday, 08/22/2022 7:20:47 AM

Monday, August 22, 2022 7:20:47 AM

"INTELIE by Viasat Joins Transocean, Intellilift to Accelerate Autonomous Well Construction as Partner in Joint Venture"

"CARLSBAD, Calif., Aug. 18, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has agreed to join Inteliwell, a joint venture (JV) with Transocean Ltd. (NYSE: RIG), and Intelilift AS, a subsidiary of Nekkar ASA. Inteliwell's mission is to decrease drilling times through rig automation and streamlining of the well construction process using new processes and tools driven by artificial intelligence ("AI"). Inteliwell will offer a suite of applications that will provide an end-to-end, closed-loop workflow for well construction planning, execution, and monitoring."

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