Transocean Discussing Merger With Rival Seadrill

Transocean-Seadrill merger would be 'logical deal at logical time,' Citi says
Seadrill (NYSE:SDRL) +9.5% in Thursday's trading following Bloomberg's report late yesterday that it is in merger talks with larger offshore driller Transocean (RIG), a deal Citi analysts think has a reasonably high probability of occurring.
Transocean Discussing Merger With Rival Seadrill as Offshore Downturn Eases
Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., according to people familiar with the matter, just as oil explorers around the world are returning to the sea.
Seadrill shares jump on Transocean merger rumours
Stock futures of offshore drilling companies Transocean and Seadrill were rising on Thursday on reports that the sector rivals were considering a potential merger.
Transocean and Seadrill in Merger Talks as Offshore Oil and Gas Rebounds
Offshore drilling companies Transocean and Seadrill are discussing a potential merger to capitalize on the rebound in offshore oil and gas exploration.
Transocean said to be in merger talks with Seadrill, Bloomberg says
Transocean (RIG) is in discussions for a potential merger with Seadrill (SDRL), Bloomberg’s David Carnevali, Dinesh Nair, and David Wethe
Seadrill stock jumps on report of talks with Transocean
Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.
Seadrill Stock Surges on Report of Transocean Merger Talks
The two offshore oil drilling companies have discussed how to structure a potential merger, according to a report.
Offshore drillers Transocean, Seadrill discussing merger - Bloomberg
Seadrill (NYSE:SDRL) +10.2% post-market Wednesday following a Bloomberg report it is in ongoing discussions with larger offshore drilling contractor Transocean (NYSE:RIG) about a potential merger. Merging with Seadrill (SDRL) would fit Transocean's (RIG) strategy of growing its list of backlog work,
Transocean (RIG) Gets a Hold from Barclays
Barclays analyst Eddie Kim maintained a Hold rating on Transocean (RIG – Research Report) today and set a price target of $4.50. The ...
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Transocean Inks $193M Ultra-Deepwater Drillship Contract
RIG lands a new contract with an undisclosed operator in the US Gulf of Mexico for the Deepwater Conqueror drillship.
Transocean Ltd. (NYSE:RIG) Shares Acquired by nVerses Capital LLC
Verses Capital LLC increased its position in Transocean Ltd. (NYSE:RIG – Free Report) by 9.3% during the 3rd quarter, ...
Transocean Ltd. Announces $193 Million Ultra-Deepwater Drillship Contract
STEINHAUSEN, Switzerland, Oct. 17, 2024 (GLOBE NEWSWIRE) -- (NYSE: RIG) (“Transocean”) today announced a one-year contract for the Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of ...
Transocean Ltd. Is Being Investigated For Possible Securities Fraud And Affected Stockholders Are Urged To Reach Out To The Schall Law Firm
Transocean Ltd. Is Being Investigated For Possible Securities Fraud And Affected Stockholders Are Urged To Reach Out To The ...
Transocean price target lowered to $4.50 from $6 at Barclays
Barclays lowered the firm’s price target on Transocean (RIG) to $4.50 from $6 and keeps an Equal Weight rating on the shares. The firm ...
Transocean (RIG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming ...