BORR share price has generally tracked revenue growth in the past, but recent gains are unsupported by revenue growth. Based ...
The share price of Transocean Ltd. (NYSE:RIG) surged by 21.34% between February 6 and February 13, 2026, putting it among the ...
Offshore drilling is a cyclical business, and improving contract activity can lift earnings sharply. GeoSphere’s new stake in Borr Drilling highlights renewed interest in that recovery.
Valaris (NYSE:VAL) has entered into a definitive all stock merger agreement to be acquired by Transocean. The combination is set to create the largest offshore oil rig company in the public markets.
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Transocean to buy Valaris in $5.8 billion all-stock offshore drilling merger
Transocean has agreed to acquire Valaris in a $5.8 billion all-stock deal, creating a dominant offshore driller positioned ...
The companies are merging as the outlook for offshore oil drilling improves.
For broader market context, index watchers often track benchmarks such as the Nyse Composite when comparing sector moves and sentiment shifts. Offshore drillers can sometimes move with energy-linked ...
Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an all-stock deal valued at ~$5.8B ...
Under the terms of the deal, Valaris shareholders will receive 15.235 shares of Transocean stock for each share they hold, reflecting a combined enterprise value of around $17 billion based on the ...
It’s back—the federal government’s push to expand offshore oil drilling. As the headline last month in the Long Island newspaper Newsday reported: “Plan for New Oil Drilling Off Fla. and Calif. Coasts ...
Senior leadership role accountable for safe, timely Mechanical Completion (MC) to Ready-For-Start-Up (RFSU) and Performance Test (PT) of all rig systems (drilling, marine, power, safety, utilities), ...
At-a-Glance: Offshore Drilling Fluid Engineer (Mud Engineer) day rates typically span $550–$1,350 per day, depending on experience and well complexity. On a common 14/14 or 28/28 rotation (˜190 paid ...
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