Category: sharing agreement

Transocean to acquire Valaris in all stock transaction

Monday, February 9 2026

General – Shares

Transocean and Valaris today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all stock transaction valued at approximately $5.8 billion.

[Read more…]

Guyana to soon sign oil agreement with TotalEnergies-led group

Wednesday, February 26 2025

Fossil Energy – Guyana

Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France’s TotalEnergies that will allow it to explore an offshore area, Energy Minister Vickram Bharrat told Reuters.

[Read more…]