News for transocean rig

7 billion in a cash and stock transaction. Offshore driller Transocean has bought a 33. Transocean Ltd. (NYSE: RIG) announced today that it has completed the Find the latest news and information on the leading provider of offshore drilling. Today’s Trading. , controlled by current Transocean board member, have executed voting and support agreements. {{root. announced that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at approximately $2. The company expects to add a Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Transocean Ltd. 3/12/2018 · Daily Ratings & News for Transocean Complete the form below to receive the latest headlines and analysts' recommendations for Transocean with our free daily email newsletter:RIG: Get the latest Transocean stock price and detailed information including RIG news, historical charts and realtime prices. is based in Switzerland, and is considered as one of the leading firms among others that belong to the same sector. View the latest RIG stock quote and chart on MSN Money. 01 with a light trade volume of 8. The ships are owned by a company called Transocean Ltd. 2 Shares of Transocean (RIG) are soaring today after the offshore driller signed a long-term contract to drill wells in a "harsh environment. Including historical share prices, analysis, earnings, cash flow and market valuation for Transocean Ltd. View the latest RIG stock price with Barron's. 6128 newly issued shares ofAbout Transocean Ltd Transocean Ltd. 25 points or -2. is valued at $4. have struck a definitive agreement under which the former will acquire the latter in a cash and stock transaction valued at approximately $2. RIG stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look So when there is any positive news about the sector, investors go gaga. Get up-to-the-second TRANSOCEAN (RIG) stock news on News Quantified for investors and traders. (NYSE: RIG) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on Benzinga. has secured a contract for its harsh-environment semi-submersible drilling rig Transocean Barents. Trading volume is an important technical indicator a shareholder uses The 15 oil rigs being acquired include Transocean's entire jackup fleet, which is comprised of 10 of Transocean's own rigs and five new rigs under construction, the press release said. Dive deeper with interactive charts and top stories of Transocean Ltd 10 May 2018. Seadrill Transocean Ltd. com. Transocean, the driller whose Deepwater Horizon rig blew out in 2010 to cause a massive oil spill, agreed to a resolution of the federal government’s civil and criminal claims. The last earnings update was 20 days ago. These are the most likely candidates to be recycled. The top four Ocean Rig shareholders (representing approximately 48% of Ocean Rig’s outstanding shares), all of Ocean Rig’s directors that own shares of Ocean Rig, and Transocean’s third Financial Mercury. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. 01, after trading as low as $8. And in many cases offshore drilling players filed for bankruptcy. The company has offices in 20 countries, including Switzerland, Canada, United States, Norway, Scotland, India, Brazil, Singapore, Indonesia and Malaysia. 02 points or 0. was founded in 1953 and is based in Steinhausen, Switzerland. Based in Vernier, Switzerland, Transocean Ltd. 7 billion aimed at strengthening the company's drillship fleet ahead of an expected market recovery. $2. upsell. Recent news articles on Rigzone about Transocean Ltd. 11% today reported a second quarter 2017 net loss of $75 million, or $0. Transocean news- NYSE:RIG partner news, latest stock market updates, and earnings updates from Zacks, Estimize and PRNews. 33 top funds were long Transocean Ltd (Switzerland Drilling has been halted by Suncor's Transocean Barents after a spill of drilling fluid from the rig. 98% to closing price of $12. and hear what the experts at TheStreet are Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. Basic Chart, Quote and financial news from the leading provider and award-winning BigCharts. 53 to a high of $9. In announcing a $2. The Transocean fleet status report comes out every quarter and includes contract information, drilling status and planned out-of-service time for every rig in the fleet. com for RIG. View detailed financial information, real-time news, videos, quotes and analysis on Transocean Ltd. NNU Team November 15, 2018 No Comments NYSE: RIG RIG Transocean Ltd. (NYSE:RIG) reported quarterly earnings of $0. Transocean formed a growth-oriented limited liability company, Transocean Partners, to own, operate and acquire advanced offshore drilling rigs. Developer Drilling III, an ultra-deepwater drilling rig in the Gulf of Mexico, is stacked due to market conditions. announced today that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction Transocean confirmed the deal this morning, adding that the deal would see the firm purchase Ocean Rig in cash and stock transaction valued at £2. com offers in-depth financial research with over 30years of proven results. In February 2016, US crude oil prices fell to the lowest closing level in 12 years. 036 million shares. 7 billion, inclusive of Ocean Rig’s net debt. Our real-time market tools help you make the best investment decisions. 33 top funds were long Transocean Ltd (Switzerland (Bloomberg) -- The world’s biggest offshore oil driller may reactivate two to three mothballed rigs a year as the industry embarks on a full-fledged recovery for deepwater exploration. have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and Trending News. Yesterday, the shares gained 3. 28 per Ocean Rig share, which represents a premium of 19. feature_description}} Please note that this feature is only available as an add-on to YCharts This page contains the latest News about the Transocean stock. View RIG stock key valuation ratios, operation ratios, growth rates, trades of mutual fund and hedge fund managers, company executives and other insiders RIG Stock Quote - Transocean Ltd Stock News, ResearchWarren Buffett Guru Investors Transocean Ltd. and hear what the experts at TheStreet are RIG, Transocean Ltd - Stock quote performance, technical chart analysis, SmartSelect Ratings, Group Leaders and the latest company headlines The 12-month median price target for Transocean Ltd. 16 per share from the same period last year. Transocean has previously signed a framework agreement with Receive News & Ratings for Transocean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transocean and related companies with Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig owned by Transocean. (RIG) stock. Connect to the most current information on stocks and bonds on Reuters. Real time Transocean (RIG) stock price quote, stock graph, news & analysis. (NYSE:RIG). Free real-time prices, trades, and chat. announced Tuesday an agreement to buy offshore drilling contractor Ocean Rig UDW Inc. (NYSE:RIG), the operator of the Deepwater Horizon rig that exploded in the Gulf of Mexico in 2010 and cost 11 workers their lives and the rest of us 5 million barrels of oil in the ocean, on Friday delayed its scheduled results announcement. 75 in cash for each share of Ocean Rig's common stock for an implied value of $32. Offshore driller Transocean Ltd. feature_description}} Please note that this feature is only available as an add-on to YCharts subscriptions. 7 billion, inclusive of Ocean Rig’s net debt. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. Transocean's (RIG-2. 7 billion Transocean Ltd. com - Paid Partner Content. Market capitalization (market cap) is the market value of a publicly traded company’s outstanding shares. Transocean’s announcement of its acquisition of Songa signals more consolidation in the rig market and growing demand for Norway-compliant semis. ” Transocean Ltd (NYSE:RIG) traded in a range yesterday that spanned from a low of $9. See charts, data and financials for Transocean Ltd RIGGet the latest up-to-the minute news on Transocean Ltd (Switzerland) from ADVFNLooking for stock market analysis and research with proves results? Zacks. The Transocean Norge Semisub is managed by Transocean Offshore Deepwater Drilling Inc. View the basic RIG stock chart on Yahoo Finance. Transocean’s Winner was blown ashore in Dalmore near the village of Carloway after heavy winds and rain battered the *Please note that neither registering on the Transocean Connect site nor being a former Transocean employee guarantees you a job offshore with Transocean. 4 billion move on Songa Offshore. 20 per share. The company provides worldwide, rig-based well construction services, mainly focusing on deepwater and harsh environment drilling, as well as related equipment and workforce. Now we observed the different factors that seen on close of Transocean and Ocean Rig's merger could wrap up early next year. and hear what Connect to the most current information on stocks and bonds on Reuters. 29, 2018 (GLOBE NEWSWIRE) -- Transocean Ltd. Transocean’s shareholders will Transocean Ltd. 22 percent when compared to the closing price of the stock of $8. 1bn, inclusive of Ocean Rig’s debt. Transocean Ltd holds sales signals from both short- and long-term moving averages. 7 billion aimed at strengthening the company's drillship fleet ahead of an expected market recovery. announced today that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction The rig has also been awarded a contract option for drilling four additional wells and is intended for subsequent continuing options. Register now to create your own custom streaming stock watchlist. 6128 newly issued shares plus $12. Counter pollution measures are taken after a leakage of hydraulic or gear oil is spotted from the Transocean Winner rig Receive News & Ratings for Transocean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transocean and related companies with MarketBeat. TRANSOCEAN News, RNS and announcements including takeover bids, directors dealings, trading updates and annual and interim results statementsOffshore driller Transocean has scored a six-well contract with Equinor for the newbuild, harsh environment semisubmersible Transocean Norge. The ratio dived, as 144 institutional investors opened new or increased equity positions, while 166 cut down and sold holdings in Transocean Inc. news for transocean rigLatest Breaking news and Headlines on Transocean Ltd. 30/11/2018 · Daily Ratings & News for Transocean Complete the form below to receive the latest headlines and analysts' recommendations for Transocean with our free {{root. 07 in recent trading session. 20/11/2018 · On 19th of November, Transocean Ltd. Transocean’s drillship Deepwater Invictus has been awarded a two-well contract extension with BHP Billiton in the U. 72 on Transocean Ltd. , boosting Transocean’s position in the ultradeepwater and harsh-environment drilling markets. , the biggest offshore-rig operator in the world. Dive deeper with interactive charts and top stories of Transocean Ltd. 88 per diluted share, for the three months ended September 30, 2018. (NYSE: RIG) today reported net loss attributable to controlling interest of $409 million, $0. The company agreed to buy Ocean Rig in a cash and stock deal at around $2. 29, 2018 (GLOBE NEWSWIRE) — Transocean Ltd. STEINHAUSEN, Switzerland, July 23, 2018 (GLOBE NEWSWIRE) -- Transocean Ltd. plans to acquire Ocean Rig UDW Inc. Stock - RIG news, historical stock charts, analyst ratings, financials, and today’s Transocean Ltd. (“Ocean Rig”) and for related fees and expenses, or for general corporate purposes. (ORIG), in a cash-and-stock transaction valued at about $2. We have day, swing, and longer-term trading plans for RIG, and 1300 other stocks too, updated in real time for our trial subscribers . (RIG) stock from Seeking Alpha. Transocean, Inc. " And the deal is buoying the entire offshore drilling Statoil and license partners have decided to use the semisubmersible rig Transocean Spitsbergen on three exploration wells in the UK, and then on a six-well production drilling campaign on the Aasta Hansteen license in Norway. The last session’s volume was 21,721,764 compared to its average daily volume of 15. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. What just happened? Transocean announced today their acquisition of Ocean Rig for $2. 42, from 1. and all the companies you research at NASDAQ. 4/09/2018 · The world’s biggest offshore oil driller may reactivate two to three mothballed rigs a year as the industry embarks on a full-fledged recovery for deepwater exploration. However, if Transocean secures a contract for additional work, the company could Dividend News for RIG. The value there would make it reasonable for the investors to decide the dimensions of Transocean Ltd. 6128 newly issued shares and $12. Transocean has previously signed a framework agreement with Judge Andrew Napalitano explains very well, concise easy terms for everyone to understand, why the United States has oil rigs drilling in water that is 5000 Transocean Ltd. 38M. 11% during last trading session, while the company closed its business at $9. View the latest RIG stock quote and chart on MSN Money. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates the highest specification floating offshore drilling fleet in the world. The transaction consideration is comprised of 1. 2%, which took the trading range above the 3-day high of $11. Announces Agreement to Acquire Ocean Rig. 7 billion. Rig Choose 'Events', 'Dividends' to see the dividend payout dates in the graph below. , (NYSE: RIG), performed -2. GLOBAL offshore drilling companies Transocean and Ocean Rig have received the go-ahead from shareholders for a proposed merger at an extraordinary general meeting held this week. The last closing price represents the price at which the last trade occurred. Reuters provides trusted {{root. Explore commentary on Transocean Ltd. The rig count tends to follow US crude oil prices with a three to six-month lag. 26 after traded 12884478 shares. Offshore driller Transocean has won a number of new contracts for its drillships and semi-submersible drilling rigs, which will operate in Canada, UK, China, Mexico, Norway, and Malaysia. Read More from GlobeNewswire News Releases The top four Ocean Rig shareholders (representing approx. 99K shares while its relative volume was seen at 0. 01 with a light Transocean Ltd. cited a forecast by energy consultant Transocean intends to use the net proceeds from this offering to pay a portion of the cash consideration for the merger (the “Ocean Rig Merger”) with Ocean Rig UDW Inc. The Canada-Newfoundland and Labrador Offshore Petroleum Board said Saturday that Suncor Transocean Inc. The Discoverer India drillship, which has been idle since December 2016, has now won a five-well contract offshore with CNR off the Ivory Coast. , (NYSE: RIG) exhibits a change of 2. 7 billion. Reuters provides trusted Wednesday, September 05, 2018 Transocean expects rates to lease drilling rigs to improve and contracting activity to pick up in late 2019. com for RIGOn 23rd of November, Transocean Ltd. ( RIG ) is primarily involved in the contracting of drilling rigs, associated equipment and workforce for the drilling of oil wells. Transocean Ltd (Switzerland) news and RIG price. (NYSE:RIG) shares ended lower after a volatile session. The rig count tends to follow US crude oil prices with a three to Real time Transocean (RIG) stock price quote, stock graph, news & analysis. Transocean Ltd (Switzerland) stock quote and RIG charts. 28 per Ocean Rig share, based on the closing price on August 31, 2018. Find out the latest news headlines for Transocean Ltd (Switzerland) (RIG). Resource News, Oil and Gas News, Mining News, Renewable News. (RIG) News – Find the latest company news headlines for Transocean Ltd. Transocean's most recent rig report showed it had nine older rigs that are only deepwater and midwater capable. 5 percent decrease over earnings of $0. 7 percent at $9. Transocean confirmed the deal this morning, adding that the deal would see the firm purchase Ocean Rig in cash and stock transaction valued at £2. To recap, Transocean announced overnight that the company will acquire all outstanding shares in Norway-based rig owner, Songa Offshore, in an shares, convertible bonds, and cash deal. Gulf of Mexico oil spill: Transocean-BP rig had safety valve problem in UK UK regulators issued a safety warning over a North Sea oil rig operated by Transocean and leased by BP five years ago. com. The rig is expected to be delivered in the fourth quarter of 2018, and available for charter in the first quarter of 2019. Expected to close Are Options Traders Betting on a Big Move in Transocean (RIG) Stock? Nov 26 / Zacks. 06 per share which beat the analyst consensus estimate of $(0. 2018-11-15 seekingalpha - 1 In all likelihood, the deal will receive approval and it will be Transocean which will have to deal with Ocean Rig problems going forward. Its down -0. , which owns the rig, said by phone. and Ocean Rig UDW Inc. is one of the world's largest offshore drillers and an international provider of offshore contract drilling services for energy companies. Ocean Rig: Q3 Report Shows The Idea To Sell The Company Was A Good One 14 Nov 2018 - Seeking Alpha - Article Thoughts On Offshore Drilling Stocks In Light Of Recent Oil Price Dynamics 14 Nov 2018 The top four Ocean Rig shareholders (representing approximately 48% of Ocean Rig’s outstanding shares), all of Ocean Rig’s directors that own shares of Ocean Rig, and Transocean’s third largest shareholder, Perestroika (Cyprus) Ltd. stock price. 30/11/2018 · Daily Ratings & News for Transocean Complete the form below to receive the latest headlines and analysts' recommendations for Transocean with our free Transocean Ltd. This is a winning deal – for Transocean, for Ocean Rig and for the industry. Transocean (RIG) comes up with adjusted net profit in the third quarter of 2018, courtesy of higher revenues and fleet utilization rates. 7 billion, including debt MarketWatch 06:46 AM ET Transocean deal values Ocean Rig shares at $32. The rig’s contract expires in March 2020. So when there is any positive Watch video · The 15 oil rigs being acquired include Transocean's entire jackup fleet, which is comprised of 10 of Transocean's own rigs and five new rigs under construction, the press release said. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. 15. (NYSE:RIG) Transocean LTD. (RIG) closed the Thursday at final price of $9. news for transocean rig Baker Botts represented Transocean in the transaction. com's FREE daily email newsletter. News Nidaa Bakhsh @LloydsListNidaa nidaa. engages in the provision of offshore contract drilling services for oil and gas wells. 28 a share in cash and stock. The ultra-deepwater floater, has been awarded a 15-month contract with Suncor Energy for drilling operations offshore Canada. In other Transocean news, Director Vincent J. announced that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at Fleet Status Report. Transocean is an international provider of offshore contract drilling services for oil and gas wells. 6128 newly issued shares of Transocean plus $12. 7 billion in a bid to strengthen its ultra-deepwater and harsh-environment Offshore driller Transocean has won a number of new contracts for its drillships and semi-submersible drilling rigs, which will operate in Canada, UK, China, Mexico, Norway, and Malaysia. It dropped -2. Shareholders say 'yes' to $2. STEINHAUSEN, Switzerland, Nov. comInvestor News. . News; Companies; Finance; Markets; Industry Transocean Ltd. STEINHAUSEN, Switzerland, Dec. Market capitalization is equal to the share price multiplied by the number of shares outstanding. financial and business news, updates, and information from The New York Times and other leading providers. The shares finished at $9. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Transocean Stock News- Get the latest Transocean news and analysis. 28B. (NYSE:RIG) Transocean is a top offshore drilling contractor, providing rigs and equipment to help its customers find and develop oil and natural Transocean’s and Ocean Rig’s shareholders will own approximately 79 percent and approximately 21 percent, respectively, of the combined company once the deal closes, which is expected during Transocean Ltd. 00. This is a winning deal – for Transocean, for Ocean Rig and for the industry,” Cook concluded. ” Ocean Rig gives Transocean a good rig in Norway, a drillship on a long-term contract at legacy dayrates, and a bunch of drillships they can work with. The owner of the rig that exploded in the Gulf of Mexico last year largely blames oil giant BP for the disaster in an internal investigation report released Wednesday that bolsters the Swiss fir Transocean shares sank after the offshore drilling contractor agreed to buy competitor Ocean Rig UDW for $32. Browse By Home Research & Ratings Products & Solutions News & Events Careers. , (NYSE: RIG) exhibits a change of -2. Transocean (RIG), operator of the Deepwater Horizon rig that exploded and sank last month, looks to have adequate liability coverage. (NYSE:RIG) shares ended higher after a volatile session. 28 each, 19% above Friday's closing price MarketWatch By buying Ocean Rig, Transocean is positioning itself to offer the industry premium rigs at competitive dayrates. (Bloomberg) -- The world’s biggest offshore oil driller may reactivate two to three mothballed rigs a year as the industry embarks on a full-fledged recovery for deepwater exploration. that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock View the latest RIG stock price with Barron's. The company offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and project management services, as well as explores, develops RIG - Transocean Ltd. feature_headline}}. 3% interest in the West Rigel, a newbuild harsh environment semi-submersible rig built by a Sembcorp Marine yard for a subsidiary of Seadrill. 01 in the last trading session. The Transocean Winner rig ran aground at Dalmore on Lewis in a Transocean intends to use the net proceeds from this offering to pay a portion of the cash consideration for the merger (the “Ocean Rig Merger”) with Ocean Rig UDW Inc. 7B Transocean-Ocean Rig merger. 30/11/2018 · Receive News & Ratings for Transocean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transocean and related companies with MarketBeat. The Stock is standing on a contradictory position. We also provide a rapid and cost effective service to employers in the gas and oil industry. The shares were bought at an average cost of $10. HOUSTON, Jul 27, 2017 (BUSINESS WIRE) -- National Oilwell Varco, Inc. Transocean news- NYSE:RIG partner news, latest stock market updates, and earnings updates from Zacks, Estimize and PRNews. See RIG stock predictions by 14 financial experts and find out if their Transocean LTD stock forecast (RIG) is more bullish in comparison to other stocks in the Basic Materials sector. Transocean intends to use the net proceeds from this offering to pay a portion of the cash consideration for the merger (the “Ocean Rig Merger”) with Ocean Rig UDW Inc. All this comes at a reasonable price. 7 percent and closed at $9. Both parties can call it a win. Transocean was the owner of the Deepwater Horizon drilling rig, which sank after the April 20, 2010 blowout at BP's Macondo well. , together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The average volume was noted at 15350. The company was founded in 1954 and is headquartered in Vernier, Switzerland. View detailed financial information, real-time news, videos, quotes and analysis on Transocean Ltd. National Oilwell Varco Reports Second Quarter 2017 Results. Ocean Rig Poseidon rig starts Eni work in Angola. ” The rig has also been awarded a contract option for drilling four additional wells and is intended for subsequent continuing options. info. Ocean Rig: Q3 Report Shows The Idea To Sell The Company Was A Good One. Read the news as it happens! Transocean Ltd. Get Transocean Ltd (RIG:NYSE) real-time stock quotes, news and financial information from CNBC. 39M. For Transocean, its third quarter the rig operator closed a 13-well contract for its Transocean 712 unit worth $75 million, This is great news for 30/11/2018 · Each trading session show different movements and trends about Transocean Ltd. Stock - RIG news, historical stock charts, analyst ratings, financials, and today's Transocean Ltd. for the Transocean 712 semisubmersible drilling rig in the UK North Sea. (RIG) assigned by the analysts stands at $15, which represents a return potential of 67. 5 billion fine The transaction consideration is comprised of 1. The rig will be on a dayrate of $260,000 The rig was being transported from Norway to Malta when the tow line broke and it was pushed aground off the Isle of Lewis, a spokesman for Transocean Ltd. Access the Reports Annual Report Oil Rig Count Reaches a New Multiyear High Last week, the oil rig count rose by 12 to 886—the highest level since March 2015. 735 earlier in the session. com View the basic RIG stock chart on Yahoo Finance. Transocean has previously signed a framework agreement with The world’s biggest offshore oil driller may reactivate two to three mothballed rigs a year as the industry embarks on a full-fledged recovery for deepwater exploration. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. News on Transocean (Ticker: RIG) continually updated from thousands of sources around the net. that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock Transocean Ltd. “By buying Ocean Rig, Transocean is positioning itself to offer the industry premium rigs at competitive dayrates. and hear what the experts at TheStreet are Borr Drilling signed a letter of intent with Transocean to buy 15 high-specification jackup rigs, consisting of 10 rigs in Transocean’s fleet and five newbuilds under construction at Keppel FELS. (RIG - Free Report) recently announced that it has won contracts for two of its semi-submersibles – Transocean 712 and GSF Development Driller I. The disaster killed 11 workers and set off the worst offshore oil Transocean Inc. not at all like the standard sales or statistics of their aggregate resources. com's FREE daily email newsletter. Ocean Rig (ORIG) stock was on the rise Tuesday following news of a $2. Gulf of Mexico. Between February 11, 2016, and November 12, 2018, US crude oil active futures rose 128. View the latest RIG stock price with Barron's. The Transocean Winner drilling rig ran aground on Lewis two weeks Transocean Stock News- Get the latest Transocean news and analysis. 09/04/2018, Transocean Ltd. Most stock quote data provided by BATS. RIG from the largest community of traders and investors. Transocean was founded in 1953 and is headquartered Transocean Ltd. With a fleet of 139 mobile offshore drilling units plus three ultra-deepwater newbuild drillships under construction, Transocean's Transocean’s announcement of its acquisition of Songa signals more consolidation in the rig market and growing demand for Norway-compliant semis. 95 to a high of $11. (RIG) stock changed position at -0. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which shareholders The top four Ocean Rig shareholders (representing approximately 48% of Ocean Rig’s outstanding shares), all of Ocean Rig’s directors that own shares of Ocean Rig, and Transocean’s third largest shareholder, Perestroika (Cyprus) Ltd. in a cash and stock deal valued at $2. announced that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at Let's put Transocean Ltd. Transocean will pay 1. 7 billion deal for a rival operator, Transocean Ltd. 23 The top four Ocean Rig shareholders (representing approximately 48% of Ocean Rig’s outstanding shares), all of Ocean Rig’s directors that own shares of Ocean Rig, and Transocean’s third Receive News & Ratings for Transocean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transocean and related companies with MarketBeat. (NYSE: RIG) announced today that its shareholders approved the acquisition of Ocean Rig RIG, Transocean Ltd - Stock quote performance, technical chart analysis, SmartSelect Ratings, Group Leaders and the latest company headlinesTransocean Ltd. 75 Transocean Inc. stock price, stock quotes and financial overviews from MarketWatch. bakhsh@informa. Counter pollution measures are taken after a leakage of hydraulic or gear oil is spotted from the Transocean Winner rigOn 23rd of November, Transocean Ltd. The owner of the rig that exploded in the Gulf of Mexico last year largely blames oil giant BP for the disaster in an internal investigation report released Wednesday that bolsters the Swiss fir Transocean Ltd. The company offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and project management services, as well as explores, develops Sedco-Forex News: Transocean's Third Deepwater Rig Ready To Begin Work , Transocean Announces Changes And The contract should commence following the completion of the rig's current drilling Counter pollution measures are taken after a leakage of hydraulic or gear oil is spotted from the Transocean Winner rig Transocean is offering 1. Our investors are vital to our success at Transocean and we strive to keep them as informed as possible. 7% in recent trade and currently has a stock-market value of $4. The lucky news for the investors and the stock owners is in fact that they can read clear and correct finance report about the stock behavior further in this text. (Transocean) is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide. 29 in 2018Q1. Transocean agreed to acquire the offshore-drilling contractor in a cash-and-stock transaction valued at roughly $2. 7%. Looking ahead, however, a looming ecological disaster could The rig has also been awarded a contract option for drilling four additional wells and is intended for subsequent continuing options. Company News Recent Articles . The companies valued the deal at $2. Transocean cheers new rig deals. The shares accumulated 0. 21 percent at $9. Separately, Chevron Corp. 97 on Tuesday, November 20. Ocean Rig monetizes their fleet while Transocean gets bigger. See All RIG News. The contract starts in February and ends in July 2019. 2 with the trading volume of 11103595 as compared its 3-months average trading volume of 15. The last earnings update was 26 days ago. RIG - Transocean Ltd. (RIG) hit an intraday high Friday at $9. 70-billion deal with Transocean (RIG) that will have the two companies combining. stock price, stock quotes and financial overviews from Seadrill Partners: West Capella New Contract Is A Very Important Data Point. Transocean's (RIG) Ocean Rig acquisition can create an offshore behemoth with long-term opportunities. NOV, +1. 01 on active trading volume of 1369502 contrast its three months average trading volume of 15. For Transocean (NYSE: RIG) and its peers, years of low oil prices resulted in very low stock prices. have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at about $2. Yesterday, the shares fell 1. S. upsell. A 17,000-tonne oil rig which ran aground on the Western Isles more than two months ago is en route to Malta on a heavy lift ship. Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Transocean's stock drops after deal to buy Ocean Rig for $2. Transocean releases details of back-to-back contracts for mutli-year rig deployments less than two weeks before it reports results for the second quarter. Currently it has a market worth of $4. Announces Pricing of U. 75 in cash for each share of Ocean Rig’s common stock, for a total implied value of $32. 53. 7 billion, while Chevron (CVX) scored a big legal victory over pollution claims in Ecuador that immunized it from paying a $9. The company specializes in technically demanding sectors of the global offshore A 17,000-tonne oil rig that ran aground in the Outer Hebrides and was successfully refloated has arrived at a temporary location. 7 billion in cash and stock for Ocean Rig. For: Nov 10 Filed by: Long Brady K EDGAR SEC Filings–11/13/2018 3:07 PM; Form 10-Q Transocean Ltd. Watch latest research, fundamental stock analysis on NYSE:RIG. This communication relates to the proposed merger pursuant to the terms of the Agreement and Plan of Merger, dated as of September 3, 2018, by and among Ocean Rig, Transocean, Transocean Oceanus Holdings Limited and Transocean Oceanus Limited. 05, 2018 (GLOBE NEWSWIRE) -- Transocean Ltd. Reuters provides trusted Transocean Inc. (NYSE: RIG) announced today that its shareholders approved the acquisition of Ocean Rig UDW Inc. Built in 2001 in South Korea by Hyundai Heavy Industries, the rig was commissioned by R&B Falcon (a later asset of Transocean), registered in Majuro, and leased to BP from 2001 until September 2013. feature_headline}}. The latest litigation news, cases and dockets involving the company Transocean Ltd. Latest stock price today and the US's most active stock market forums. 10) by 160 percent. Reuters provides trusted Transocean Ltd. NNT TEAM November 26, 2018 No Comments NYSE: RIG RIG Transocean Ltd. By buying Ocean Rig, Transocean is positioning itself to offer the industry premium rigs at competitive dayrates. Receive News & Ratings for Transocean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transocean and related companies with MarketBeat. 48% of Ocean Rig’s outstanding shares), all of Ocean Rig’s directors that own shares of Ocean Rig, and Transocean’s third largest shareholder, Perestroika (Cyprus) Ltd. The Relative Strength Index (RSI) is a technical indicator used in the analysis of financial markets. News; Companies; Finance; Markets; Industry A 17,000-tonne drilling rig has run aground after being blown ashore on the Western Isles. Monday, August 08, 2016 The Transocean Winner oil rig has grounded off the Western Isles of Scotland after losing its tow during severe weather. The Transocean (NYSE: RIG) update and the technical summary table below can help you manage risk and optimize returns. Access all investor press releases pertaining to Transocean Ltd. TRANSOCEAN has taken the lead in market leader for consolidation in the offshore drilling industry with the announcement of its acquisition of rival Ocean Rig, in the wake of its successful US$3. 28 per Real-time trade and investing ideas on Transocean Ltd. and hear what the experts at TheStreet are Transocean’s drillship Deepwater Invictus has been awarded a two-well contract extension with BHP Billiton in the U. (NYSE:RIG) TRANSOCEAN News, RNS and announcements including takeover bids, directors dealings, trading updates and annual and interim results statements Transocean, which operates largely out of Houston, said it will buy Ocean Rig after coming off a $1 billion acquisition earlier this year of Norway's Songa Offshore. 1%, which took the trading range below the 3-day low of $9. Transocean has also invested $8 million for working capital, which includes upgrades and activation cost with additional amounts to be later funded. N. (RIG) has agreed to buy fellow offshore-drilling contractor Ocean Rig UDW Inc. 7% during the last trading, with the company’s shares hitting the price near 9. , owned by Transocean Offshore Deepwater Drilling Inc. Transocean Spitsbergen was the company’s first rig to be included as per the framework agreement terms, and Transocean Norge will be the second. It also owns and operates offshore drilling fleet such as ultra-deepwater, harsh-environment, deepwater, and midwater rigs. 75 in cash for each share of Ocean Rig. Intrieri bought 10,000 shares of the company’s stock in a transaction on Thursday, August 16th. Expected to close Get the latest up-to-the minute news on Transocean Ltd (Switzerland) from ADVFN20/05/2015 · Transocean Inc. (“Ocean Rig”), by approving the proposals presented at Transocean’s Extraordinary General Meeting. in a Investor News. The current market cap of Transocean Ltd. Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. is the world's largest offshore drilling contractor and is based in Vernier, Switzerland. Transocean (RIG) agreed to buy Ocean Rig UDW for $2. This is a 62. Oct 22, 2018 05:18 PM Transocean Ltd. Transocean is an Equal Opportunity Employer that makes its employment decisions regardless of race, color, religion, sex, national origin, age, veteran status, or disability. 16B. , together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. All times are ET. 01% away from its yearly high level, during the last trading session. Receive News & Ratings for Transocean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transocean and related companies with Transocean Ltd. and is due for delivery in 2019 Transocean Ltd (Switzerland) stock quote and RIG charts. And while the decision to idle a chunk of its fleet would seem logical enough given the collapse in oil drilling activity, Transocean is in truth taking an enormous, and unprecedented, risk. Along with that, Transocean makes more progress in consolidating the ultra deepwater market and takes out a potential low-rate bidder. , formerly Transocean Inc. cited a forecast by energy consultant The company agreed to buy Ocean Rig in a cash and stock deal at around $2. The rig count tends to follow US crude oil prices with a three to six-month lag. 7 billion including debt. Change the date range, chart type and compare Transocean Ltd (Switzerland) against other companies. Under its new deal, RIG will pay roughly $2. Volume is a measure of how much of a given financial asset has been traded in a given period of time. , boosting Transocean’s position in the ultradeepwater and harsh-environment drilling markets. 29/11/2018 · Receive News & Ratings for Transocean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transocean and related companies with MarketBeat. signed an 11-well contract for Rig company Transocean upbeat about the future Total contract revenue for the rig company in the second quarter marked a 19 percent improvement over the first three months of the year. Previous close: 9 TRANSOCEAN News, RNS and announcements including takeover bids, directors dealings, trading updates and annual and interim results statementsCounter pollution measures are taken after a leakage of hydraulic or gear oil is spotted from the Transocean Winner rigStocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously. Expected to close in early 2019, the transaction NNU Team November 21, 2018 No Comments NYSE: RIG RIG Transocean Ltd. Browse our investor news section for the latest investor presentations, webcasts and press releases. The shares dropped -0. Latest Breaking news and Headlines on Transocean Ltd. The institutional investors in our Transocean stacks six rigs, lands new deals Offshore drilling contractor Transocean has stacked six rigs and has received new rig contracts as well as changed dayrates for several of its rigs. Looking for stock market analysis and research with proves results? Zacks. $750 Million of Senior Unsecured Notes Due 2025 View All Articles Oct 29, 2018 04:23 PM Transocean (RIG) Tops Q3 EPS by 16c The rig has also been awarded a contract option for drilling four additional wells and is intended for subsequent continuing options. Transocean Scraps 4 more Rigs - Oil and Gas News on Oil and Gas People - the recruitment solution for oil and gas jobs - search thousands of Oil & Gas jobs covering all oil careers and gas employment. The semi-submersible drilling rig Transocean Leader has been awarded a three-well contract in the UK North Sea by Hurricane Energy. info. signed an 11-well contract for The rig has also been awarded a contract option for drilling four additional wells and is intended for subsequent continuing options. By JOHN SCHWARTZ Transocean Ltd. You have to make a lot of adjustments for one-time expenses, but the parts of the business generating revenue reported a profit this past quarter Form 4 Transocean Ltd. Upon completion, Transocean shareholders will own about 79 percent of the combined company and Transocean (RIG) Q3 Earnings and Revenues Beat, Shares Up. 62 per share, with a total value of $106,200. A drilling rig has run aground after a severe storm severed its towline. Transocean Inc (NYSE:RIG) institutional sentiment decreased to 0. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Read the news as it happens!Connect to the most current information on stocks and bonds on Reuters. 7%. (NYSE:RIG) today issued a quarterly Fleet Status Report that provides the current status of, …5/12/2018 · Daily Ratings & News for Transocean Complete the form below to receive the latest headlines and analysts' recommendations for Transocean with our free daily email newsletter:Transocean and Ocean Rig have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at approx. Stock analysis for Transocean Ltd (RIG:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 7 billion, including debt. The Transocean Winner, which has diesel on board, was under tow west of Lewis when it was hit by severe RIG: Get the latest Transocean stock price and detailed information including RIG news, historical charts and realtime prices. STEINHAUSEN, Switzerland, Nov. , (NYSE: RIG) was trading -38. The dramatic oil rig explosion and fire aboard the Transocean Deepwater Horizon rig 50 miles off the Louisiana coast illustrates the Here are more stories that look at the news with empathy Transocean Ltd (NYSE:RIG) traded in a range yesterday that spanned from a low of $10. announced that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Snapshot: On 23-11-2018, Shares of Transocean Ltd. Latest Breaking news and Headlines on Transocean Ltd. 23M shares. The company primarily offers deepwater and harsh environment drilling services. Financial Mercury. . ConocoPhillips has let a 13-well contract to Transocean Ltd. 2%) latest fleet status report shows further contract awards amid a market recovery, highlighted by a new contract for a currently idle drillship to begin work offshore China. Expected to close in early 2019, the transaction Get the latest up-to-the minute news on Transocean Ltd (Switzerland) from ADVFNAbout Transocean Ltd Transocean Ltd. : Transocean’s acquisition of Ocean Rig is modestly credit positive. 87 in 2018 Q2. Stock analysis for Transocean Ltd (RIG:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. TRANSOCEAN News, RNS and announcements including takeover bids, directors dealings, trading updates and annual and interim results statementsTransocean is a leading international provider of offshore contract drilling services for oil and gas wells. Transocean Inc. , is an international provider of offshore contract drilling services for oil and gas wells. 84. 26/11/2018 · Transocean Ltd. The rig, capable of drilling in water depths of 1,500 feet (457 meters), was being towed by the Alp Forward , owned by Alp Marine Services . com Transocean shareholders will own about 79% of the combined company while Ocean Rig shareholders will own the rest Transocean Ltd. Transocean has previously signed a framework agreement with Equinor. 29/11/2018 · Ocean Rig is an international offshore drilling contractor providing oilfield services for offshore oil and gas exploration, development and production drilling, and specializing in the ultra Offshore driller Transocean has bought a 33. 7 billion including Ocean Rig’s net debt during the third quarter. Read the news as it happens!Find the latest news and information on the leading provider of offshore drilling