Offshore driller Transocean looking to spin off barge unit by year-end
Petroleum News
Deepwater driller Transocean said it hopes before year-end to launch an initial public offering of its TODCO Gulf of Mexico shallow water and inland barge subsidiary.
Lifted by increasing day rates and strong commodity prices, “we’re hopeful the time may be right for the IPO going into the fourth qu....
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$8 million in costs due to delays Fleet utilization was 71%
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