On Monday, Shares of Transocean LTD (NYSE:RIG), lost -1.70% to $13.27.
Transocean Ltd. (RIG) (RIGN.VX) declared that the harsh-environment semisubmersible Henry Goodrich was awarded a two year contract with Husky Oil Operations Limited offshore Canada at a dayrate of $275,000. The estimated contract backlog not taking into account mobilization is $200 million. The rig is predictable to commence operations in the second quarter of 2016.
On the other report, on November 23, Transocean Ltd. (RIG) (RIGN.VX) declared recently its intent to delist its shares from the SIX Swiss Exchange (SIX). The company anticipates the SIX listing authorities to approve its delisting application before year-end and the related delisting to occur in the first quarter of 2016.
Transocean Ltd., together with its auxiliaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services.
Shares of Marathon Petroleum Corp (NYSE:MPC), declined -3.49% to $53.69, during its last trading session.
Marathon Petroleum Corporation (MPC) has priced $1.5 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of three series of senior notes:
$600 million aggregate principal amount of 2.700% senior notes due in 2018
$650 million aggregate principal amount of 3.400% senior notes due in 2020
$250 million aggregate principal amount of 5.850% senior notes due in 2045
The 2018 senior notes, the 2020 senior notes and the 2045 senior notes were offered at a price to the public of 99.920%, 99.872% and 99.747%, of par, respectively.
MPC intends to use the net proceeds from this offering to fund the repayment of all $750 million aggregate principal amount of its 3.500% senior notes due 2016, at maturity or otherwise, and for general corporate purposes, which may include investments in and advances to its affiliates and subsidiaries, including MPLX LP.
On the other news report, on December 4, Marathon Petroleum Corporation (MPC) recently declared the completion of the formerly declared merger by which MarkWest Energy Partners, L.P. became a wholly-owned partner of MPLX LP (MPLX).
Marathon Petroleum Corporation, together with its auxiliaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Pipeline Transportation.