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Swiss offshore drillers Transocean and Seadrill discuss merger amid industry resurgence.
Transocean, a Swiss offshore drilling contractor, is in talks to merge with rival Seadrill amid a resurgence in the offshore drilling industry, fueled by stable oil prices and reduced US shale production.
The merger could enhance Transocean's backlog of contracts, leveraging advanced rigs for deep-water drilling.
Both companies have faced challenges recently, with Transocean's shares down 35% this year and Seadrill's down 26%.
A final decision on the merger is pending.
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Los perforadores suizos Transocean y Seadrill discuten la fusión en medio del resurgimiento de la industria.