Hints and tips:
...Clearly, management overpaid for acquisitions such as GlobalSantaFe (2007) and Aker Drilling (2011)....
...Drilling is ongoing and we expect further resource and reserve updates over the course of the year.”...
...He estimates this is likely to cost Xcite $100m: Xcite has already secured a Letter of Intent (LoI) for a long term contract with Rowan to provide a drilling/production rig (the “Rowan Norway”, currently...
...BG Group gained 3.6 per cent to £13.33 after giving an update on the cost of drilling pre-salt fields in the Santos Basin offshore in Brazil....
...equity side of things, “valuation levels are extremely attractive”: Top picks are Transocean ($201 PT), Noble Corp ($81 PT), and ENSCO Int’l ($85 PT); also have Buy ratings on Diamond Offshore ($160 PT), Rowan...
...Oil services group Rowan Companies climbed 3.7 per cent to $34.20 after it announced it had been awarded a drilling contract by Saudi Arabia Oil....
International Edition