In the Spotlight - Transocean, a specialist in drilling for oil in deep water and harsh environments, has the capability to do offshore drilling everywhere with its big acquisition of R&B Falcon. The target's expertise is shallow-water drilling, such as the Gulf of Mexico, currently a hot area for drilling and exploration.
Year of publication:
2000
Published in:
Mergers & acquisitions. - New York, NY : Investment Dealers' Digest, ISSN 0026-0010, ZDB-ID 8628555. - Vol. 35.2000, 9, p. 22-23