Deep-water oil rig owner
The deal will create the world’s largest offshore rig contractor by market value, with a fleet of 73 offshore rigs, including 33 ultra-deepwater drillships, nine semisubmersibles and 31 jackup vessels, the companies said Monday in a
Valaris investors will receive 15.2 shares of Transocean stock for each share they own — a roughly 32% premium based on the Feb. 6 closing price. Valaris shares surged by almost 30%, the most on record ...