Ensco, Rowan to merge in $12bn enterprise value dealOffshore driller Ensco and Rowan Companies, a leader in drilling services and a 50/50 partner in a joint venture with Saudi Aramco, have agreed to combine in an all-stock transaction taking the enterprise value of the merger to $12 billion. More… |
IOEC set for drilling ops at South Pars Phase 14Iranian Offshore Engineering and Construction Company (IOEC) will commence offshore drilling operations at Phase 14 of t South Pars Gas Field by mid-July, said Iran Daily, quoting a top official. Physical activities at th More… |