8-K filing — Transocean Ltd. (RIG)
Filed: 2026-10-23 AccNo: 0001104659-26-118513 Size: 214 KB Item 8.01: Other Events
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The Deepwater Proteus was awarded a ten-well contract with an undisclosed operator in the U.S. Gulf. The estimated 700-day campaign is expected to contribute approximately $325 million in backlog and commence in the
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Filed: 2026-10-23 AccNo: 0001104659-26-118513 Size: 214 KB Item 8.01: Other Events
Transocean has received unconditional antitrust approval from Brazil's CADE for its $5.8 billion all-stock acquisition of Valaris, following earlier U.S. Department of Justice clearance. The deal, expected to close in Q4 2026, will create a 73-rig diversified fleet with over $200 million in cost synergies and a $10 billion backlog, positioning the combined company as an offshore drilling industry leader.
CNBC's final trades: Weiss picked UnitedHealth after strong results; Terranova chose Twilio; Lebenthal favored Transocean after $550M Gulf contracts.