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Transocean Lands $252mn Contract for Deepwater Atlas Drillship

by Megha Malhotra | Aug 31, 2021 | High Yield Bonds

American offshore drilling company Transocean announced that BOE Exploration & Production LLC (BOE) has awarded Transocean a contract worth $252mn for its new-build ultra-deepwater drillship, the Deepwater Atlas, which includes a mobilization fee of $30mn. In...

Transocean Planning to Raise $400mn via Share Sale to Repay Debt

by Amruth Sundarkumar | Jun 16, 2021 | High Yield Bonds

Transocean, an offshore drilling services provider, plans to sell new shares to reduce its debt and raise additional cash. Its shares have gained 75% to $4/share due to the meme-stock frenzy and oil prices rising 40% since last October. According to a filing on...

Transocean Lands $252mn Contract for Deepwater Atlas Drillship

Transocean Planning to Raise $400mn via Share Sale to Repay Debt

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Transocean Lands $252mn Contract for Deepwater Atlas Drillship

Transocean Planning to Raise $400mn via Share Sale to Repay Debt

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