Transocean Shares Rise After New Two-Well Contract in Equatorial Guinea
By Chris WackTransocean shares rose after the company said its Deepwater Conqueror was awarded a two-well contract for work in Equatorial Guinea with an undisclosed operator.The stock was 7% higher, at $5.81, in midday trade, it is up 75% in the past 12 months.The contract drilling-services company…
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