Transocean swoops in to buy rival Ocean Rig

Swiss-based rig giant chooses its moment as it sees ‘imminent’ recovery coming for ultra-deepwater market

On the up: Transocean chief executive Jeremy Thigpen
On the up: Transocean chief executive Jeremy Thigpen
Published 6 September 2018, 22:00Updated 5 September 2018, 18:54