Offshore drilling company Noble Corporation has completed the sale of five jack-up drilling rigs, the Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble, to Shelf Drilling for $375 million.The…
Offshore drilling companies Noble Corporation and Maersk Drilling have completed their merger.The transaction concluded through the completion of Noble’s recommended voluntary public share exchange offer to the shareholders of Maersk Drilling…
The UK Competition and Markets Authority (CMA) has accepted Noble Corp. and Maersk Drilling's plan to sell certain rigs operating in the North Sea in order to alleviate competition concerns arising from the two drillers' planned merger.The two…
Oslo-listed offshore drilling contractor Shelf Drilling has taken delivery of the Deep Driller 7 jack-up drilling rig.Shelf Drilling bought the rig from the Indian offshore drilling firm Aban Offshore. The deal was first announced in mid-June…
Noble Corporation has found a buyer for five jack-up rigs in a move that could alleviate concerns raised by the UK Competition and Markets Authority.Namely, the CMA said in April it had found that Noble Corp. and Maersk Drilling merger - first…
Shareholders of offshore drilling company Noble Corporation have approved the company's proposed plan to merge with the Danish offshore drilling firm Maersk Drilling.'...at the Extraordinary General Meeting of shareholders held today, shareholders…
Offshore drilling contractors Noble Corporation and Maersk Drilling are making progress with regards to the completion of their proposed merger transaction, as the UK Competition and Markets Authority said Monday it might accept the two companies' proposed solution to alleviate competition concerns…
The proposed merger between offshore drilling contractors Noble Corporation and Maersk Drilling has raised competition concerns in the UK as the UK Competition and Markets Authority (CMA) has found that the merger could increase operating costs for oil and gas producers in the UK North Sea…
Offshore drilling firms Maersk Drilling and Noble Corporation, which are working to merge their businesses, might need to sell certain offshore rigs in the North Sea to obtain antitrust clearance from the UK Competition and Markets Authority…
Acoustic and inertial position reference systems from marine technology company Sonardyne have been chosen to underpin the critical station-keeping activities of multiple deepwater vessels operating in the energy and ocean research sectors.UK-based Sonardyne said Tuesday that…
The Norwegian Competition Authority has given its approval to the proposed merger between offshore drilling contractors Maersk Drilling and Noble Corporation.Denmark's Maersk Drilling and U.S. rival Noble Corp announced the proposed $3.4 billion…
Offshore drilling companies Maersk Drilling and Noble Corp. last week announced they'd merge to form one of the world's largest offshore oil drilling rig companies. Westwood Energy's Terry Childs analyzes the proposed deal and how the combined…
Following the announcement of a proposed merger between offshore drillers Maersk Drilling and Noble Corporation on Wednesday, a Noble shareholder said it would vote against the deal.The combination is a primarily all-stock transaction where…
Denmark's Maersk Drilling and U.S. rival Noble Corp will merge in a $3.4 billion deal to form one of the world's largest offshore oil drilling rig companies, they said on Wednesday.The combined company is expected to reap annual cost savings…
Offshore drilling company Noble Corporation has completed the sale of four jack-up drilling rigs in Saudi Arabia to drilling firm ADES.The companies first announced the sale and purchase deal for the rigs Noble Roger Lewis, Noble Scott Marks…
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