Page 18: of Offshore Engineer Magazine (Mar/Apr 2019)

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REGIONAL REPORT North America

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M&A Scorecard

As the offshore energy industry recov- ers, merger and acquisition (M&A) ac- tivity accelerates. Here’s a look at the result of a few recent deals.

Soure: VesselsValue ( $ in USD millions)

Merger: ENSCO and Rowan Companies Live # Vessels Value $

ENSCO 56 $4,296

Rowan 25 $2,251

Total 81 $6,547 On Order # Vessels Value $

ENSCO 3 $831

Rowan – –

Total 3 $831 Total # Vessels Value $

ENSCO 59 $5,127

Rowan 25 $2,251

TOTAL 84 $7,378

Tidewater Marines Acquisition of

GulfMark Offshore Live # Vessels Value $

Tidewater 181 $837

Gulfmark 66 $300

Total 247 $1,137 On Order # Vessels Value $

Tidewater 6 $74

Gulfmark – –

Total 6 $74 Total # Vessels Value $

Tidewater 187 $911

Gulfmark 66 $300

TOTAL 253 $1,211

Transoceans Takeover of Ocean Rig Live # Vessels Value $

Transocean & Ocean Rig 52 $5,956 On Order # Vessels Value $

Transocean & Ocean Rig 5 $1,522 Total # Vessels Value $

Transocean & Ocean Rig 57 $7,478

Borr Drilling Takeover of Paragon Offshore Live # Vessels Value $

Borr & Paragon 26 $2,516 On Order # Vessels Value $

Borr & Paragon 10 $1,599 Total # Vessels Value $

Borr & Paragon 36 $4,116 18 OFFSHORE ENGINEER OEDIGITAL.COM 18-31 OE 2019.indd 18 4/15/2019 1:04:38 PM