All posts from in,

These Offshore Drillers Have Exposure to Petrobras

After Transocean (RIG) was caught up in the Petrobras (PBR) corruption investigation, Credit Suisse analyst Gregory Lewis and team take a look at the offshore drillers that have exposure the Brazilian oil giant and find Diamond Offshore Drilling (DO), Seadrill (SDRL) and Ensco (ESV), among others. They explain:

European Pressphoto Agency

According to Bloomberg, Transocean has been linked to the Petrobras Carwash corruption investigation. The stock proceeded to drop ~10% before closing down ~5% on the day. We note none of the testimony...