Transocean Ltd. on Monday announced it has agreed to acquire Valaris Ltd. in an all-stock transaction valued at about $5.8 billion, combining two of the largest offshore drilling contractors into a single company with an enterprise value of roughly $17 billion.
French private equity firm Antin Infrastructure Partners, Paris, has agreed to acquire shipbuilding and repair company Vigor Marine Group, Portland, Ore., from an affiliate of Lone Star Funds, Dallas.
A renewed bout of Arctic air descending from the Ohio Valley to the Northeast Feb. 6-7 kept mariners and the Coast Guard working hard to maintain critical fuel and supply links and safe passenger ferry service in metro areas.
Did You Know?
WorkBoat is the official media for the International WorkBoat Show. Stay up to date with event news, attendee updates, and conference and education sessions.
