Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Transocean to acquire Valaris in all stock transaction

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…] about Transocean to acquire Valaris in all stock transaction

Ørsted divests remaining 25 % share of London Array

Wind Energy – Share Transaction

Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25 % minority interest in the London Array Offshore Wind Farm in the UK.

[Read more…] about Ørsted divests remaining 25 % share of London Array