'The powerful combination is well-timed to capitalize on an emerging, multi-year offshore drilling upcycle', said Keelan Adamson, Transocean President and Chief Executive Officer. Image by Yue_ via ...

STEINHAUSEN, Switzerland and HAMILTON, Bermuda, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) and Valaris Limited (NYSE: VAL) today announced the signing of a definitive agreement to ...

Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a ...

Under the terms of the deal, Valaris shareholders will receive 15.235 shares of Transocean stock for each share they hold, reflecting a combined enterprise value of around $17 billion based on the ...

Transocean secured contract fixtures for two of its harsh environment semisubmersibles in Norway, which are expected to significantly enhance its backlog. The Transocean Encourage was awarded a ...

Feb 9 (Reuters) - Oilfield services firm Transocean said on Monday it would acquire peer Valaris (VAL.N), opens new tab in an all-stock deal valued at $5.8 billion, expanding its exposure across ...

Bermuda-based drilling contractor Transocean has announced it is acquiring rival Valaris in an all-stock transaction valued at about $5.8 billion. The acquisition, if completed, will further ...

The share price of Transocean Ltd. (NYSE:RIG) surged by 21.34% between February 6 and February 13, 2026, putting it among the Energy Stocks that Gained the Most This Week. Transocean Ltd. (NYSE:RIG) ...

Global drilling giant Transocean has secured contract fixtures for two of its harsh environment semi-submersible rigs offshore Norway. The company, which is in the process of merging with rival ...

Transocean RIG2.52%increase; green up pointing triangle agreed to acquire fellow offshore drilling services company Valaris VAL 3.52%increase; green up pointing triangle in an all-stock deal worth ...