Transocean Ltd. shareholders approve acquisition of Songa Offshore SE
Published by David Bizley,
Senior Editor
Oilfield Technology,
Transocean Ltd. has announced that it concluded its extraordinary meeting of shareholders approving all of the proposals related to the acquisition of Songa Offshore SE.
“We are extremely pleased that shareholders have overwhelmingly approved our acquisition of Songa Offshore,” said Jeremy Thigpen, President and CEO. “With this acquisition, we add to our industry leading backlog, providing more visibility to future earnings and cash flows. As importantly, we enhance our industry leading harsh environment fleet in the midst of a strengthening global harsh environment market.”
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/22012018/transocean-ltd-shareholders-approve-acquisition-of-songa-offshore-se/
You might also like
Viridien and TGS commence Phase III of next-generation Laconia sparse OBN program in US Gulf
Supported by industry funding, Laconia Phase III, covering approximately 150 OCS blocks in the Keathley Canyon protraction areas, will be acquired by TGS and imaged by Viridien to target prospective but difficult-to-image subsalt reservoirs.