Woodmac: Ensco, Rowan merger ‘no surprise’ amid drillers consolidation

Commenting on the news that offshore drilling company Ensco will acquire Rowan in a $2.38 billion deal, Leslie Cook, principal analyst, Wood Mackenzie, noted that this ‘comes as no surprise’, as it is in line with a trend of consolidation among drillers over the last two years as ‘a paramount to a recovery’.