The purpose of the company is the acquisition and operation of offshore drilling platforms as well as financing of all kinds. The company may, in the interest of the group or of individual group companies (including their direct or indirect parent companies and their direct or indirect subsidiaries), conclude contracts and in particular grant loans or other financing to such group companies and provide security of all kinds for their liabilities, including by way of pledges or security assignments and security transfers of the company's assets or by way of guarantees of any kind, whether against payment or not. The company may establish branches and subsidiaries in Switzerland and abroad and acquire, hold, sell or finance any kind of business. The company may acquire, hold and sell real estate. It may carry out all commercial activities that are directly or indirectly related to the purpose of the company and take all measures that appear to be suitable for promoting the company's purpose or are related to it.