#MiddleEast: Transocean selling its rigs @resilient_ent

Although it is yet to be officially announced, there are rigs up for grab in the Middle East according to anonymous sources close to Transocean.

Among one of the sources, “there are about 30 rigs for sale and the equity cheque is about $1 billion” with two interested bidders from the United States likely to wrap up the deal. The two companies poised to win the deal are US private equity firms, Lime Rock Partners and Castle Harlan, because they are considered as the most serious bidders’ among the lots.  

READ MORE AS YOU ENTER THE WORLD OF #MIDDLEEASTCONFIDENTAIL benny quetell resilient media entertainment @resilient_ent private equity

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