Skip to main content

Transocean Ltd. shareholders approve acquisition of Songa Offshore SE

Published by
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/

 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Upstream news Offshore news Oil rig news