
Transocean-Valaris Deal Reportedly Nears DOJ Clearance
Transocean’s $5.8 billion all-stock combination with Valaris may be moving closer to US antitrust clearance, with a report indicating the DOJ could approve the deal without divestitures.

Transocean’s $5.8 billion all-stock combination with Valaris may be moving closer to US antitrust clearance, with a report indicating the DOJ could approve the deal without divestitures.

Noble Corporation has installed a stemless gate valve on the Noble BlackHornet drillship, while recent awards added about 16 months of floater backlog.

Vantage Drilling and Eldorado Drilling have agreed to merge in a $257.6 million cash transaction, adding to offshore rig market consolidation.

Transocean’s $5.8 billion all-stock merger with Valaris is under extended US antitrust review after the Department of Justice requested additional information.
For general inquiries and to contact us,
please email: info@hmt-news.com