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.
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.
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 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 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.
Seadrill Shares Soar on Merger Talks Report
Seadrill shares rose after Bloomberg reported that the offshore drilling contractor was in talks with Transocean regarding a potential merger. Seadrill shares gained 11% in premarket trading. However, the stock is down more than a quarter since the beginning of the year. Transocean shares rose 3.4% premarket.
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
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 Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN, Switzerland, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, ...
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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 leads offshore drillers lower as Benchmark downgrades trio
Offshore drillers Transocean, Noble, and Valaris see stock drops after Benchmark downgrades, but expects contract ...
Stifel says possible sale could mean material upside to Seadrill shares
Stifel notes that as reported by Bloomberg, Transocean (RIG) is in talks to merge with Buy-rated Seadrill (SDRL). While Seadrill has just ...
Investors in Transocean (NYSE:RIG) from a year ago are still down 39%, even after 6.3% gain this past week
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