Transocean sedco forex efrance. Is the world' s largest offshore drilling company and the fourth largest oilfield service company overall.
Case opinion for LA Court of Appeal WIGGINS v. Transocean - Sedco Forex The Drilling Management Services segment provides oil and gas drilling management services, as well as drilling engineering and drilling project management services. In 1999, Schlumberger proposed a merger of equals with Schlumberger' s offshore subsidiary Sedco Forex. TRANSOCEAN SEDCO FOREX.
Schlumberger shareholders would receive roughly one share in the new company, Transocean Sedco Forex, for every five Schlumberger shares held. Transocean Sedco Forex Inc. The new company was renamed Transocean Sedco Forex. It called for an exchange of stock valued at approximately $ 3. The deal was valued at US$ 3. No personnel changes are anticipated in other Transocean Sedco Forex senior management positions.
The proposed Transocean Offshore and Sedco Forex merger was announced in July 1999.