Mergers & Acquisitions Mergers & Acquisitions

Noble, Maersk Drilling expect need to divest North Sea rigs to resolve UK merger concerns

By Victoria Ibitoye
  • 13 Apr 2022 05:45
  • 13 Apr 2022 05:45
Offshore drilling contractors Noble Corporation and Maersk Drilling have said they will likely have to divest some rigs to address UK antitrust concerns about their planned merger.

In a US regulatory filing, Noble Corporation said discussions with the Competition and Markets Authority have been constructive, but that the duration and outcome of the

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