Another curious event occurred when Goldman Sachs shorted Transocean stock immediately before the explosions sank the rig. This meant that preferred Transocean insiders had their stock values insured against the impending collapse of …
Oil driller Transocean has agreed to a deal with billionaire investor Carl Icahn after a months ... by $800 million through cost-cutting efforts and other measures. The stock climbed in premarket trading. Icahn, a minority shareholder in …
Nov 29 (Reuters) - Transocean Ltd RIGN.VX (RIG.N), owner of the world’s largest offshore rig fleet, will sell 26 million shares in an underwritten public offer to buy back convertible notes and partially refinance its acquisition of Aker Drilling …
Transocean Sedco Forex Inc., already the world's biggest offshore oil-drilling contractor, said it agreed to buy R&B Falcon Corp. in a $5.3-billion stock deal that will leave it towering over its rivals and make it the dominant deep-water driller.
Transocean Inc., the world's largest offshore driller, said on Monday it would buy GlobalSantaFe Corp. for about $17 billion in a no-premium deal, adding a fleet of shallow-water drilling rigs to its deepwater equipment. The deal includes stock ...
Also included in the figure are stock options valued at $1.9 million and deferred shares valued at $2 million when those awards were granted in March 2010. Transocean's Deepwater Horizon oil rig explosion on April 20 in the Gulf of …
The company could also face up to $20 billion in civil fines under the Clean Water Act. As for Transocean, its stock rose 7 percent following yesterday’s settlement announcement.
It has been about a month since the last earnings report for Transocean Ltd. RIG. Shares have lost about 10.7% in that time frame, underperforming the market. Will the recent negative trend continue leading up to the stock's next earnings …
Pittsburgh-based EQT Corp. signed an all-stock deal to acquire Rice Energy for $8.2 billion, including the assumption of $1.5 billion in debt, combining two large U.S. Calgary-based Encana Corp. purchased Fort Worth-based Athlon Energy …
A federal judge in New Orleans on Tuesday sided with the oil industry, striking down the temporary moratorium on new offshore exploration and deepwater drilling the Obama administration imposed last month. That judge, it turns out, has …