Rig companies join forces in large-scale major

Rig companies Ensco and Rowan are now joining forces in a venture that will have a combined market share of USD 12 billion, say the two companies.
Photo: Colourbox
Photo: Colourbox

Consolidation in the offshore sector is now getting underway for real, as another two rig companies now join forces. This time, UK-based Ensco and US-based Rowan, which was previously mentioned as a possible buyer for Maersk Drilling.

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