Bankrupt Seadrill draws competing rig offers from Noble and Transocean consortium
Bankrupt Seadrill draws competing rig offers from Noble and Transocean consortium
Noble Corporation and a consortium including Transocean and Dolphin Drilling are competing to acquire the assets held by the bankrupt driller Seadrill, according to a news report.
Citing unnamed sources familiar with the matter, Reuters said the Transocean and Dolphin consortium also includes an unknown third party, which lodged a bid in early July.
Their bid consists of cash, shares in Transocean and an agreement to take on some of Seadrill’s existing debt, the news agency reported.