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Transocean’s $5.8 billion merger with Valaris pending US antitrust clearance

Switzerland-based offshore drilling contractor Transocean’s business combination with the Bermuda-incorporated Valaris is facing extended antitrust scrutiny, as the offshore drilling giants’ merger request is under review with the Federal Trade Commission and the Antitrust Division of the United States Department of Justice (DOJ). The post Transocean’s $5.8 billion merger with Valaris pending US antitrust clearance appeared first on Offshore Energy.

70 more offshore exploration blocks widen Norway’s new oil & gas licensing round

Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea. The post 70 more offshore exploration blocks widen Norway’s new oil & gas licensing round appeared first on Offshore Energy.