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 ...
Now trading just under $56 a share, Transocean has fought its way back from a low below $40 in the years since its Deepwater Horzon rig hired by BP PLC exploded, killing 11 workers and triggering the worst offshore oil spill in U.S. …
As of 1627 BST, stock in Transocean was at the bottom of the pile on the Big Board, trading 7.11% lower to $9.07 on heavy volumes. That was taking place a similar-sized fall in shares of Seadrill. Despite recent gains for international oil …
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.
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 …
It was a week which saw oil prices surge on OPEC action, while natural gas futures turned lower on weather worries. On the news front, offshore contract drilling service provider Transocean Ltd. RIG suffered early termination of a drillship …
Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. …
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With the stock now trading at about $2.10 ... value screen features NYSE-listed stocks with a market cap in excess of $1-billion (U.S.), such as Transocean
Shares in Transocean fell 4.8 percent on the New York Stock Exchange. Prosecutors say more than a dozen foreign firms are being investigated in the Petrobras probe and many are collaborating. (Reporting by Caroline Stauffer; …