NextGeo Raises Rana Subsea Stake to 82.5%
4, May 2026
NextGeo has increased its stake in Rana Subsea to 82.5% after acquiring an additional 7.1% for €7.25 million, strengthening its subsea services footprint.
M&A
Helix and Hornbeck Agree Offshore Merger
24, April 2026
Helix and Hornbeck agree to an all-stock merger, forming a larger offshore services company with subsea, vessel, and deepwater capabilities.
Transocean to Take Over Valaris Limited in $5.8 billion Share Deal
10, February 2026
Transocean will acquire Valaris Limited in a $5.8 billion all-stock deal, forming a 73-rig offshore driller with ~$17 billion enterprise value and ~$10 billion combined backlog.
Diana Shipping Advances Cash Offer for Genco
25, November 2025
Diana Shipping has formalised its cash bid to purchase all remaining shares of Genco Shipping & Trading, reinforcing ongoing consolidation trends across the dry bulk fleet sector.
