Siem in Talks to Acquire Remaining 50% in Overseas Drilling

Siem Offshore Inc. (SIOFF) is in discussions to acquire the remaining 50 percent of the shares of Overseas Drilling Ltd. from a subsidiary of Transocean Ltd. (RIG) for $22.5 million, it said in a statement on its website today.

To contact the editor responsible for this story: Marianne Stigset at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.