Offshore drilling contractor Shelf Drilling has entered into agreement to sell its Main Pass I jack-up rig for $11 million ...

PBR partners with Constellation for a $528 million deal to deploy the Amaralina Star drillship offshore Brazil, enhancing operations in key oil fields.

Seadrill's young fleet and low net debt make it an attractive acquisition target for larger players in the oil and gas ...

The number of active drilling rigs in the United States stands at 589 this week unchanged from last week but down 31 from a year ago according to th ...

Orion Portfolio Solutions LLC bought a new position in Transocean Ltd. (NYSE:RIG – Free Report) in the 3rd quarter, according ...

Barclays PLC increased its stake in shares of Transocean Ltd. (NYSE:RIG – Free Report) by 60.1% during the 3rd quarter, ...

Sunda Energy's subsidiary signs non-binding LoI with an international drilling contractor for jack-up rig on Chuditch gas ...

The definitive drilling contract, linked to the letter of intent (LOI), depends on regulatory approval from Timor-Leste's ANP ...

I had an interesting conversation last week with one of our readers, Sal from Louisiana, who works on an offshore oil ...

After 23 years since its establishment on November 26, 2001, Petrovietnam Drilling & Well Service Corporation (PV Drilling) ...

India’s Petroleum Ministry spending heavily on speculative seismic surveys and exploration activities across multiple basins ...