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Transocean LTD (NYSE:RIG) Goes Deep With Shallow-Rig Fleet Sale

Many analysts in the oil industry can’t believe nor explain the inevitable rebalancing of the global oil market. According to many, the price curve of the oil market will remain flat up to next year or even the year to follow. Even the IEA and OPEC are conservatively projecting $60 by the end of 2017. […]

Transocean LTD (NYSE:RIG) Looks Forward To United States District Court Decision on Macondo Case

Boston, MA 09/08/2014 (wallstreetpr) – According to reports, Transocean LTD (NYSE:RIG) expects to get a positive result in Macondo case. The company announced recently that it received a U.S. Court decision on phase one of litigation which was related to Macondo incident which occurred in April 20, 2010. Below are the most important points of […]

Transocean LTD (NYSE:RIG) cracks deal with the Icahn Group

Boston, MA, 11/12/2013 (wallstreetpr) – Transocean LTD (NYSE:RIG), Carl Icahn and some of the other investment funds which are being managed by Mr. Icahn of Icahn Group made an announcement of an agreement which would see after the world’s largest drilling contractor payout dividend. This would help in reducing the number of board seats and […]

Transocean LTD (NYSE:RIG) Set To Join S&P 500

Boston, MA 10/23/2013 (wallstreetpr) – Transocean LTD (NYSE:RIG) is set to replace Dell Inc. (NASDAQ:DELL) in S&P500 on October 28 following the privatization of Dell. This will see some upward movement in Transocean’s share prices as S&P500 index funds will have to invest in the company. The stock of the company rose by 5.97% on October […]