MARKETS

Transocean moves on Songa

TRANSOCEAN is the latest offshore drilling company to dance the merger tango, making eyes at rival Songa Offshore in a US$3.4 billion ($A4.34 billion) worth deal.

Transocean moves on Songa

Switzerland-based Transocean has reached an agreement to acquire 100% of Norwegian based oiler Songa for NOK47.50 per share (A$7.62), a 37% premium to Songa's five-day average closing price, valuing the...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: GLNG domgas doubts
PREVIOUS: Hartleys backs Begg

MOST POPULAR

1

OPINION

Slugcatcher: Shareholder self-interest will carry the day for Woodside Energy

2

OPERATIONS

Santos plans to decommission Simpson field permanently

3

OPERATIONS

Woodside hit by lower production as revenue slides 12%

4

OPERATIONS

Karoon cuts production forecast as output stumbles

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902