Insight
Corporate week in brief: Transocean tightens grip on ultra-deepwater rig market
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Report summary
Transocean will expand its premium fleet with the US$2.7 billion acquisition of Ocean Rig. The company now looks well placed to take advantage of operators looking for newer, higher-specification rigs as confidence returns to the offshore sector. The deal could also mark an important step towards consolidation in the ultra-deepwater rig market. Read more on this, and the following stories: • Southwestern exits Fayetteville • EOG trims international portfolio with UK sale • Equinor makes Austin Chalk entry • Enquest exercises Magnus option with BP • CNOOC Ltd continues acreage capture
Table of contents
- Macro: oil prices, oil and gas shares
- Lead story: Transocean acquires Ocean Rig
- M&A: Southwestern, EOG, Equinor, Enquest and BP
- Companies: CNOOC Ltd
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Global floating rigs demand outlookLeading-edge day rate forecastData dashboard
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