Category: market consolidation
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Transocean’s play for Valaris forging $17 billion offshore drilling giant with 73 rigs
Transocean’s play for Valaris forging $17 billion offshore drilling giant with 73 rigs Transocean has made a multibillion-dollar merger move on Valaris to breathe life into a combined company with a diversified offshore fleet of 73 rigs, including 33 ultra-deepwater drillships, nine semi-submersibles, and 31 modern jack-ups, to meet emerging growth opportunities. The post Transocean’s…
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2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition
2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition While multiple consolidation moves have sprung up across the offshore energy and maritime arenas over the past 12 months, some never bore fruit. Offshore Energy has selected three business combination plays, regardless of whether they were born of truth…
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Ten big consolidation moves across rig, oil & gas, and shipping spheres
Ten big consolidation moves across rig, oil & gas, and shipping spheres As the global consolidation momentum builds against the backdrop of ever-changing and challenging geopolitical conditions and energy realms, many companies engaged in the offshore drilling, subsea, hydrocarbon exploration and production (E&P), and maritime arenas are working to strengthen their place in the offshore…
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UK oil & gas duo mulling over potential merger
UK oil & gas duo mulling over potential merger Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion. The post UK oil & gas duo mulling over potential merger…