The companies are merging as the outlook for offshore oil drilling improves.
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Transocean (RIG) moves 5.9% higher: Will this strength last?
Transocean RIG shares soared 5.9% in the last trading session to close at $5.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the ...
Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an all-stock deal valued at ~$5.8B ...
It’s back—the federal government’s push to expand offshore oil drilling. As the headline last month in the Long Island newspaper Newsday reported: “Plan for New Oil Drilling Off Fla. and Calif. Coasts ...
Nature lovers, scientists and politicians worry the beloved California coastline, from the Redwoods to Santa Monica, will be endangered by the Trump administration's latest call for expanded offshore ...
A sweeping proposal by the Trump administration to expand offshore oil and gas drilling could result in more than 4,000 oil ...
What happened: Sable Offshore Corp. disclosed in a financial filing Tuesday that it received subpoenas from the U.S. Attorney ...
A House hearing on a bipartisan bill promoting the use of decommissioned offshore oil rigs as artificial reefs instead devolved into a contentious partisan squabble Tuesday as lawmakers debated the ...
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