… quarter, helped by higher day rates and a full quarter of GlobalSantaFe operations. Operating income was $1.08 billion, down ..... a $97 million write-down to the fair market value of GSF Arctic II and IV. Transocean had arranged to sell both ..... returning $15 billion in cash to shareholders following the GlobalSantaFe merger. We applaud management's willingness to take …
We are placing Transocean RIG and GlobalSantaFe GSF under review while we revisit our revenue and cost assumptions.
We are placing Transocean RIG and GlobalSantaFe GSF under review while we update our assumptions.
… that it has agreed to combine with GlobalSantaFe GSF in a stock and cash transaction ..... cash for each Transocean share held. GlobalSantaFe shareholders will receive 0.4757 ..... company and $22.46 of cash for each GlobalSantaFe share held. This transaction was …
… allocate capital to other regions. Transocean RIG and GlobalSantaFe GSF have noted that the operators have sublet their rigs at ..... include ultra-deep-water players such as Transocean, GlobalSantaFe , and Noble NE. With the current shortage of ultra-deep …
… today can't be delivered until the end of this decade. Ultra deep-water players like Transocean RIG, Noble NE, and GlobalSantaFe GSF , have witnessed day rates more than double as operators desperately try to secure access to rigs. There simply aren …
… Transocean wasn't pleased to learn that GlobalSantaFe 's GSF Development Drillers I and II, delivered ..... activity drilling technology. It sued GlobalSantaFe in a Texas district court in July ..... verdict last week, concluding that GlobalSantaFe willfully infringed on Transocean …
… rigs were made to drill in the GOM and can't chase international drilling opportunities. Along with Rowan and Ensco, GlobalSantaFe GSF and Diamond Offshore DO continue to relocate their rigs to more-promising drilling prospects overseas.
… near term, and we are making no changes to our fair value estimate at this time. Other drillers wounded by Rita include GlobalSantaFe GSF , which cannot locate two of its jackup rigs, and Noble Drilling NE, which had one of its deepwater semisubmersible rigs …
… revenue, marks a dramatic shift in strategy. Most of Precision's international assets were purchased just last year from GlobalSantaFe GSF , and after gaining momentum in recent quarters, the energy services group was widely expected to help drive growth in …